Can the employee claim additional damages if the company ceased operation?

Dear Mr Bakheet,

The company that I have worked at for 4 years as a regional sales director had decided to cease its operations in the Middle East and Turkey (my scope).

The management took this decision to protect global profitability and to increase the shareholder value. 3 weeks ago, the decision had been announced in that way over a webcast to all the employees.

Instead of complete closure, the legal entity will be kept but the payroll will be terminated by end of September after a legal notice period of one month (I have received today itself), which will be starting the beginning of September.

The company offers the legal end of service based on fix salary only without any additional damages payment or commissions included. Is there any additional damages payment by the UAE law? Any ex gratia practice in this case?