SUKOON SECURES UAE MAINLAND FUND ADMINISTRATOR LICENSE FROM CMA TO OFFER ALTERNATIVE EOSB SAVINGS SCHEME

June 2^nd, 2026

Dubai, United Arab Emirates (UAE)

Sukoon Insurance PJSC (“Sukoon”) has announced that it has officially received its mainland fund administrator license from the Capital Market Authority (CMA), establishing Sukoon Workplace Savings Solutions Fund Administrator LLC (SWSSFA) in the United Arab Emirates (UAE).

This milestone will firmly position SWSSFA to offer administration services in relation to workplace savings scheme and support the development of Alternative End-of-Service Benefits scheme in the UAE.Furthermore, through this entity, Sukoon stands out from the market by being able to provide a truly comprehensive suite of employee benefits solutions addressed to UAE corporates.

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