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 President, Zelenskyy discuss Ukraine crisis and bilateral ties
UAE condemns Iranian attack on Kuwait
UAE offers condolences after deadly South Africa bus crash
UAE launches annual award to honour changemakers
UAE becomes second country to approve Lipfendra to treat high cholesterol
Sharjah Police recovers AED 500,000 in stolen goods in under 3 hours
UAE welcomes Gaza agreement for Hamas disarmament
Sheikh Abdullah meets UK Foreign Secretary in London
