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.
UAE and Costa Rica sign economic partnership deal
The UAE and Costa Rica have signed a Comprehensive Economic Partnership Agreement (CEPA) to improve bilateral trade and investment ties, President His Highness Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
Dubai-based Telegram app to hit 1 billion users 'within a year'
The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42
G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market
Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
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