Ajman FZ signs MoU with DIC

The Ajman Free Zone has signed a Memorandum of Understanding (MoU) and associated documents with Dubai Insurance Company to provide insurance services to workers employed by organisations operating within the free zone.

The new service will replace the current bank guarantee system and will cover all the dues of workers, including the end of service gratuity, annual leave unpaid salaries and the cost of a return ticket home.

Mohammad Tahsin Al Ali, chief operating officer at Dubai Insurance Company, attended the signing ceremony with Fatma Salem, acting general manager of the Ajman Free Zone, and senior representatives from both parties.