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New portfolios to save the end of service bonus for “private” employees

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The Ministry of Human Resources and Emiratisation, in cooperation with the first Abu Dhabi Bank, revealed a new investment portfolio with competitive advantages to save the end of service reward for employees in the private sector, within the framework of the alternative savings system that aims to enhance financial safety for employees and achieve long -term financial sustainability. Musa Haddad, head of the fund management, and the acting head of the asset management at the bank, told the “Labor Market” magazine that the bank provides three main categories of investment portfolios. He explained that the bank currently provides a major category of governor, and during the current year, two additional categories will be launched, the first includes the capital portfolio, and focuses on low -risk tools in order to maintain the head

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