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First private UAE firm announces one-month bonus to all employees

WAM: Majid Hamad Al Shamsi, Chairman of Union Coop, has announced an additional basic month’s salary to all employees of Union Coop.

The move of the private firm to grant bonus to its employees is in line with celebration of the centennial anniversary of the birth of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, which is observed on 6th May, 2018.

It follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, and H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council.

Speaking on the occasion, Khalid Humaid bin Diban Al Falasi, CEO of Union Coop, said, “Under the wise leadership of His Highness Sheikh Khalifa bin Zayed, and His Highness Sheikh Mohammed bin Rashid, we celebrate the immortal legacy of late Sheikh Zayed bin Sultan Al Nahyan, the founding father of the UAE. Sheikh Zayed has always been an inspiration not only for the people of the UAE but for all Arab Islamic Nations for his great contributions. Based on his vision and teachings, Union Coop is leaving no stones unturned to spread happiness and good within the community.”

“Union Coop is the first private sector entity to implement the directives of the great leaders instantly and pay an additional one-month basic salary to all its employees by the end of the Holy Month of Ramadan,” said Al Falasi.

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