Termination of employment contract for a valid reason

Hi Sir/Ma'am,

I just want to ask for an advice regarding my status.

I'm currently working for over a year already under an outsourcing company with an unlimited contract and they placed me in a hospital. Unfortunately, the hospital cancelled its contract with our company.

Now, my company sent me an email with an attachment saying that they will be proceeding with cancelling my employment contract as per Article 113 of the UAE Labor Law.

The notice period started last Aug. 22, 2018, and my last working day would be until Sept. 21, 2018.

Now, my concern is what are the benefits that I'm entitled to?

Will I have a problem with the MOL if ever I'll be employed in the future?

And is this basically a termination letter?

Thank you and I hope that you could give me some advice regarding this matter.