UAE waives housing loans of retirees

Wednesday, 5 February 2020 07:23

The UAE is taking further steps to ease the financial burden of low-income citizens.

As many as 429 retirees in Abu Dhabi have been exempted from repaying their housing loans worth AED 444 million.

It follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, as well as His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

More than 200 people benefited from a similar initiative in September, which settled home loans worth AED 208 million.

More from Local News

Some Dubai flights cancelled due to adverse weather conditions

Some flights operating at Dubai International (DXB) and Dubai World Central – Al Maktoum International (DWC) were cancelled or delayed on Friday due to adverse weather conditions.
Dubai deploys special patrols, emergency crew to monitor traffic during rains

Dubai Police has deployed a number of patrols, while Roads and Transport Authority (RTA) has positioned more than 2,000 staff to respond to any emergencies due to the unstable weather conditions.
UAE leaders congratulate Morocco on FIFA Arab Cup win

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating Morocco's King Mohammed VI after they won the FIFA Arab Cup 2025 in Qatar on Thursday.
UAE ministry urges remote work for private sector in weather-hit areas

The Ministry of Human Resources and Emiratisation (MoHRE) is urging private sector companies in areas most affected by the current weather to implement remote work on Friday, December 19.
Dubai private schools to shorten Friday hours from January

Starting January 9, all private schools and early childhood centres in Dubai will end classes on Fridays no later than 11:30 am.
UAE completes loading aid ship with 10 million meals for Gaza

The Mohammed Bin Rashid Humanitarian Ship has completed loading over 10 million meals at Khalifa Port in Abu Dhabi.
Dubai declares remote work for govt. staff, private sector urged to follow suit

Dubai has declared remote working for all government entities on Friday, December 19, due to the unstable weather forecast across the country, with the private sector urged to do the same.
Dubai carriers issue travel advisory amid fluctuating weather

Passengers travelling through Dubai International Airport (DXB) are advised to check their flight status and allow extra time for their journey due to adverse weather.

Recently Played

Latest Blogs

Pinoy Bulletin October 21 - 25 2025
Pinoy Expat Corner

Merong Serbisyo Caravan Leg 2 dito sa Dubai ngayon November 15 & 16, 2025 , 8am to 6pm @ Hall 3 Dubai World Trade Center, Dubai.
PINOY BULLETIN : AUGUST 11 - 15 , 2025
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
PINOY BULLETIN : AUGUST 4 - 8, 2025
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

UAE waives housing loans of retirees

More from Local News

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go

UAE waives housing loans of retirees

Share

More from Local News

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go