His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED4.62 billion for 3,052 citizens in the emirate.
The approved package include housing loans amounting to AED4.4 billion benefiting 2,862 citizens, and exemptions from loan repayments totalling AED212 million benefiting 190 citizens, limited-income retirees and beneficiaries of deceased citizens.
The disbursement of the second housing package of 2025 comes ahead of Eid Al Adha and reflects the leadership’s ongoing commitment to comprehensive development, enhancing the wellbeing and stability of Emirati families, empowering them to actively contribute to the nation’s progress, in line with UAE Year of Community objectives aimed at strengthening social cohesion and reinforcing community solidarity.
The package follows the recent endorsement of an additional community support subsidy of AED250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan instalments, and a wide range of other services and facilities.
It brings the total housing benefits delivered to citizens in Abu Dhabi in 2025 to AED11.38 billion.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has discussed key national priorities with Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister, in Dubai.
Sharjah Police have dismantled a complex cross-border network that had four separate gangs carry out a range of crimes, including money laundering, cyber-hacking and extortion.
A new initiative has been launched by the 1 Billion Followers Summit and the National Media Authority (NMA) to support, mentor, and fund 100 content creators wishing to establish a business in the UAE.
Chairman of the National Media Authority (NMA), Abdulla bin Mohammed bin Butti Al Hamed, has revealed preparations for a Charter on Journalists’ Rights and Duties in the UAE.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?