Dr Shams says, “The introduction of the saving scheme is another milestone for the UAE. Time and again the UAE has proved to be a perfect place to live, work and retire and this is a testament of the same.”
“As an individual who has grown from a salaried person to an entrepreneur, my advice to all salaried people in the UAE is to lock a 33.33 per cent of your salary and save that money in some form of savings account or scheme which will give you enough money in few years to take home for retirement. When I had my first salary, I told myself only 2/3rd is what I am going to bring home, that’s how I have been saving and hope to continue the practice in the future.”