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Dubai Taxi plans aid fund for cabbies

The Dubai Taxi Corp (DTC) has set up a Social Solidarity Fund for cab drivers, which will allow them to apply for interest-free loans and other benefits, Khaleej Times has reported. "The underlying objective of establishing the fund is to assist members through providing them access to interest-free loans in amounts not exceeding Dhs5,000; paying a compensation of Dhs12,000 maximum to the account of the driver in case of death, God forbids; Dhs5,000 maximum in the event of terminating the service of the driver due to lack of health fitness; and disbursing Dhs1,000 maximum for medical treatment, in addition to other cases as decided by the committee, and endorsed by the CEO of the DTC," said Ahmed Hashim Bahrozyan, head of the DTC supervisory committee.