A Closer Look is The National's show where we take an in-depth look at one of the main stories of the week.
Mahzooz is a name unfamiliar in many parts of the world but here, in the UAE, it is a life-changing initiative that encourages charity and offers a potential cash prize for the lucky few.
Stories from winners vary from pre-wedding windfalls to generous gifts to family members in need.
Here, host Sarah Forster is joined in the studio by The National's Nick Webster to discuss how this initiative has changed the lives of so many in the Emirates.
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Former UK hairdresser is first woman to win Dh10m Mahzooz prize draw
Indian mechanical engineer scoops Dh20m Mahzooz prize
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
