Thousands of UAE nationals have been exempted from paying back their personal loans worth over AED 780 million.
President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the order ahead of the 48th National Day.
Fifteen different banks are part of the initiative that’s set to benefit more than 1,700 Emiratis.
The decision is aimed at easing the financial burden of low-income citizens and improving their quality of life.
DXB extends limits on inbound flights due to ongoing disruption
Dubai International Airport (DXB) is extending the temporary limit on inbound flights for 48 hours "to speed up recovery".
Emirates suspends flights transiting through Dubai after storm
Emirates said on Friday it is suspending check-in for all customers in its network travelling with onward connections through Dubai until 2359 GMT on April 19.
Dubai's flydubai cancels flights to Iran
flydubai airline cancelled flights to the Iranian capital Tehran on Friday after receiving an official alert.
More rain forecast in UAE next week
More wet weather has been forecast for the UAE next week, following record rains across the country on Tuesday.
DXB CEO refutes social media flood rumours: Airport 100% operational
Dubai Airports (DXB) CEO Paul Griffiths says misinformation circulating on social media of the airport being flooded is "not the case" and the airport is 100 per cent operational.
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John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
