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.
Salik to apply peak-hour toll rates for Dubai Ride
Mattar Al Tayer named Chairman of MBR Endowment District Board
Sheikh Khaled calls for integrated global economic system at APEC
UAE launches aid mission for hurricane-hit Caribbean nations
New paid parking zones introduced in Dubai
H.H. Sheikh Khaled holds talks with South Korean President
UAE fuel prices to drop in November
Abu Dhabi Crown Prince arrives in South Korea for APEC Forum
