INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Sharjah lists 4 categories eligible for retirement

Sharjah ruler Dr Sheikh Sultan bin Muhammad Al Qasimi on Wednesday listed the four categories that qualify for retirement in the Sharjah government.
  • The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age
  • The second category is those who have sufficient funds set aside in the Sharjah Social Security Fund

Sharjah, UAE – Sharjah ruler Dr. Sheikh Sultan bin Muhammad Al Qasimi on Wednesday listed the four categories that qualify for retirement in the Sharjah government in January. 

The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age.

The second category is those who have sufficient funds set aside in the Sharjah Social Security Fund and have worked in the government for 35 years, but are below the legal retirement age.  

In the third category, those who have completed 30 years of work can opt to have the government pay on their behalf to the Sharjah Social Security Fund for their retirement.

The fourth category is reserved for women only who meet the conditions for retirement and have completed 20 years of work in the emirate’s government. 

 Dr. Sheikh Sultan noted that there are also other cases where the officials suffer from chronic diseases, and the government pays the remaining amount to the Sharjah Social Security Fund so that they can retire. This includes  people who lack competence and can no longer contribute.

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