Kharafi National introduces employee savings scheme

Kharafi National, an infrastructure project developer based in the Middle East, is offering RBC Corporate Employee & Executive Services’ (RBC Cees) employee savings programme to approximately 4,000 qualifying employees.

The scheme provides savings and pension benefits, enabling employees to gain international investment options while Kharafi National contributes a matching level.

Simon Stirzaker, senior manager at RBC Cees in Dubai, commented: “Kharafi’s continuing commitment and investment in its human capital through such a program is admirable and is a milestone for employee benefits in the region.

“It shows that even in the throes of one of the worlds most severe recessions, companies in the region are continuing to invest in their people through innovative reward structures and take an active role in the care of their employees and their futures.”

RBC Cees, part of RBC Wealth Management, a division of the Royal Bank of Canada, has been appointed as trustee, administrator and fund advisor for the scheme.

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