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.
Airbus A320 recall: UAE airlines carry out updates with 'minimal' impact
UAE President waives AED475 million in debt for Emiratis
Sheikh Khaled approves housing benefits package worth AED4 billion
SpaceX launches UAE's PHI-1 satellite
UAE approves over AED 2.5 billion in housing support for citizens
Brand Dubai to organise 'Al Etihad Parade'
Turkey denies allegations of UAE links in Istanbul espionage
UAE celebrates its workforce in Eid Al Etihad festivities
