Thousands of UAE nationals have been exempted from paying back their personal loans worth over AED 780 million.
President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the order ahead of the 48th National Day.
Fifteen different banks are part of the initiative that’s set to benefit more than 1,700 Emiratis.
The decision is aimed at easing the financial burden of low-income citizens and improving their quality of life.
Sheikh Abdullah condemns attacks on civilian infrastructure in region
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, strongly condemned attacks on civilian infrastructure in the region, including schools, hospitals, universities, desalination plants, energy facilities, transport hubs and residential areas.
UAE President and US Senator discuss regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a virtual meeting with US Senator Joni Ernst to discuss UAE–US strategic cooperation and their shared commitment to strengthening ties.
UAE 'will emerge stronger' says H.H. Sheikh Mohammed, Cabinet approves new strategies
A cabinet meeting, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday approved a series of national strategies and international agreements, to strengthen the country's resilience and global position.
Safety remains priority as UAE universities begin gradual return to campus
Higher education institutions in the UAE will begin a phased return to on-campus learning from Monday, under issued guidance, with the authority offering the option while keeping the safety of the students, faculty, and staff as its top priority.
UAE responds to further missile, drone threats on Sunday
The UAE announced it is continuing to respond to incoming missile and drone threats from Iran, with a further alert issued by the National Emergency and Crisis Management Authority (NCEMA) on its official channel on Sunday at 3:23 p.m.
16 ballistic missiles, 42 drones intercepted on Sunday
UAE air defences intercepted 16 ballistic missiles and 42 drones launched from Iran on Sunday, the Ministry of Defence (MOD) said, adding they've engaged 414 ballistic missiles, 15 cruise missiles and 1,914 UAVs since the start of the attacks.
Dubai Police issues 720 certificates for weather-affected vehicles
Dubai Police has issued 720 “To Whom It May Concern” certificates for vehicles affected by adverse weather conditions across the UAE, following requests submitted by affected vehicle owners since Monday.
Gargash: Political solution needs guarantees against repeat Iranian attacks
The diplomatic adviser to the UAE president, Anwar Gargash, said on Sunday any political solution to Iranian attacks on Gulf countries must include firm guarantees to prevent further aggression.
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