Q: Hello, I have a loan with a local bank and I just changed the job with a better package. But unfortunately, the new company is not listed with the bank and my EOSB is on hold. In that context 1) My new company is listed in an international bank. Can I arrange a direct debit option? 2) Can my existing bank deduct the upcoming EMI from EOSB's? 3) Will there be a travel ban if my payments are regular to the bank? I have a loan but not transferring my salaries.

Q: Hi, Good eve, Madam. I have a query regarding EOSB. I resigned from my previous company and my EOSB was held by the bank due to my existing loan until I can provide them with new documents for my current job. Let's make things short. I provide them with a new visa and salary transfer letter addressed to the bank. Unfortunately, upon presenting all the documents, they informed me that the new company is not listed in the bank. Do the bank have the right to use my EOSB to adjust my remaining loan?

Q: Can a bank freeze my gratuity if my new company is not listed?

Q: I changed my job and received my EOSB from my previous employer, however, my bank is holding this amount. Unfortunately, my previous employer didn’t separate my final salary and gratuity as the details on my transaction state EOSB. I found out that this shouldn't be the case and understood that the Employer is responsible to separate this. Is there a way I can get the salary amount to my disposal and the bank keeps the rest against my outstanding credit cards & loan? Please note that I have not missed any payments against my outstanding I have provided the bank with my new visa, salary certificate, Emirates ID as requested. Still, I have been told they will not release my EOSB. I have already received a new employment salary on the same account. I would be grateful for your advice.

The UAE has adopted a major reform in its legislative system that brought about 40 new laws and amendments to the company law, criminal law, personal status, among others. The amendments aim to develop the legislative structure in various sectors, the labor law being one of these, was the most recent. We try in this article to shed light on the changes introduced with the new labor law and their significance on both, the employer and employee.

The provisions of this Law, known as "UAE Labour Law", govern the relationship between employers and employees and other labour matters in the United Arab Emirates. There are special labour related regulations applicable in some of the free zones in the UAE.

The provisions of this Decree-Law, known as "New UAE Labor Law", govern labour relations in the private sector of the United Arab Emirates. The New Labor Law repeals the previous UAE Labor Law (Federal Law No. (8) of 1980).