Title	UAE; Bank Guarantee and Employees Protection Insurance Scheme
Date of conclusion	27/07/2022
Entry into force	Following the date of its issuance.
Text version(s)	English
Source	Ministry of Human Resources and Emiratisation (MoHRE), Ministerial Rsolution
	No. 318 of 2022 ; UAE (27 Jul 2022) accessed: 05 February 2023.
Keywords	UAE; Laws & Regulations; Policy; Labour

Abstract
The Ministry of Human Resources & Emiratisation has issued a new ministerial resolution, 318 of 2022. The resolution mandates that all establishments must provide either an insurance policy or a bank guarantee of not less than Dhs. 3000 for each employee. Worker insurance must follow the guidelines the Undersecretary for Human Resources Affairs outlined in this respect. Alternatively, a bank guarantee is paid through any of the banks operating in the country.

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