The Abu Dhabi government has provided housing loans worth AED 61 billion to UAE citizens over the last seven years.
It has also distributed more than 25,400 homes and land plots during the same period.
The grants have been provided through the Abu Dhabi Housing Authority that has also taken steps to clear the loans of retirees and people of determination.
Loans worth AED 650 million have been waived during the last six months alone.
US Issues 30-day sanctions waiver for sale of Iranian oil at sea
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the US-Israeli war on Iran, US Treasury Secretary Scott Bessent said.
Musk found liable to Twitter shareholders in fraud lawsuit
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
Sultan Al Jaber: Iranian aggression will not undermine UAE's resolve
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
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