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.
H.H. Sheikh Hamdan launches driverless taxi operations in Dubai
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has launched the official operations of fully autonomous RT6 taxi vehicles in Dubai, developed by Baidu Apollo Go.
UAE brokers new round of Russia-Ukraine prisoner exchange
The UAE has announced the success of new mediation efforts leading to another exchange of captives between Russia and Ukraine.
UAE and Kosovo leaders explore closer ties
The UAE and Kosovo have discussed ways to strengthen bilateral ties during high-level talks in Abu Dhabi.
Dubai Humanitarian sends over 91 tonnes of aid to flood-hit Mozambique
Dubai Humanitarian has delivered urgent aid to flood‑affected communities in Mozambique, following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
