DIFC's DEWS savings scheme surpasses $1 billion in assets

DUBAI: Dubai International Financial Centre (DIFC) announced that its innovative employee workplace savings plan, the DIFC Employee Workplace Savings (DEWS) scheme, has surpassed $I billion in Assets under Administration (AuA).

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Launched in February 2020, DEWS was the first initiative of its kind in the region, representing a transformational step by DIFC in modernising the way end-of-service benefits are managed. By replacing the traditional gratuity system with a fully funded and professionally managed savings plan, DEWS introduced a new model that prioritises transparency, sustainability, and long-term financial security for employees, while enabling employers to adopt global best practices in workforce benefits.