Hundreds of Emiratis in Dubai are getting home loans worth AED 173 million waived off.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has issued the directive on the occasion of the country’s National Day.
The decision is set to benefit UAE nationals who were provided loans for a housing project in Deira’s Abu Hail area.
Dubai's Department of Finance has already started implementing the initiative in partnership with the Dubai Real Estate Corporation’s Wasl Properties.
UAE condemns hostile Iranian attack targeting Qatari vessel
UAE certifies world's first commercial air taxi vertiport
Ajman unveils AED 1.8 billion urban development roadmap
H.H. Sheikh Hamdan honours government entities for digital transformation
H.H. Sheikh Mohammed to honour 'most beautiful Quranic voices in the world'
Abu Dhabi to establish specialised court for human trafficking crimes
Dubai expands support for aspiring Arab podcasters
Mohammed Saeed appointed National Media Authority's Secretary-General
