Sheikh Mohammed waives housing loans of Emiratis

Thursday, 28 November 2019 08:31

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.

More from Local

UAE dispatches search-and-rescue teams, relief aid to Sri Lanka

In response to the severe flooding that has struck several regions of Sri Lanka, the UAE has launched urgent humanitarian operations, deploying specialised search-and-rescue teams and sending more than 20 tonnes of emergency relief supplies.
UAE leaders receive greetings on 54th Eid Al Etihad

President His Highness Sheikh Mohamed bin Zayed Al Nahyan received messages of congratulations on Tuesday, from kings, presidents and emirs across the world, on the occasion of the 54th Eid Al Etihad.
Sharjah Ruler inaugurates Independence Square project

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Independence Square project on Tuesday, following an upgrade that included the construction of the Independence Monument, along with the development of the square and surrounding buildings.
Mansour bin Zayed to lead UAE delegation at 46th GCC Summit

The UAE will be represented by His Highness Sheikh Mansour bin Zayed at Wednesday's 46th Gulf Cooperation Council Summit in Bahrain.
UAE leaders post special social media messages to wish 54th Eid Al Etihad

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating UAE residents on the 54th Eid Al Etihad, extending his gratitude for their contribution to the country's development.

Coming Up on Dubai Eye

The Business Breakfast
6:00am - 10:00am

The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
The Agenda
10:00am - 1:00pm

Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
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?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

On Dubai Eye

Is There Sufficient House Supply In UAE
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?
Noon's First Female Delivery Driver
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!

Search Dubai Eye 103.8

Sheikh Mohammed waives housing loans of Emiratis

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go

Search Dubai Eye 103.8

Sheikh Mohammed waives housing loans of Emiratis

Share

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go