As per the UAE Labour Law, an employment contract can be terminated in several ways, including by mutual agreement, at the end of a fixed-term contract, or by one party unilaterally under certain conditions. The party initiating the termination usually has to provide notice of 30 days, but this can vary depending on the contract. If the employer initiates the termination, they may need to provide end-of-service benefits, known as a gratuity, which is calculated based on the employee's salary and length of service. It's crucial to follow the legal process for termination to avoid potential disputes or legal issues.