Dubai: Sheikh Hamdan exempts over 300 citizens from housing loans worth Dh101 million

Dubai's Crown Prince ordered the exemption of over 300 citizens from repaying their housing loans on June 4.

The decision ensures that 303 citizens are exempted from repaying housing loans worth Dh101 million ahead of Eid Al Adha.

Recommended For You

'Generation Z' protests spread in Mexico, fuelled by mayor's murder

US to consider obesity, special-needs children as factors in refusing long-term visas

Fact check: Viral video of 'Tesla Glide' flying shoes is AI-generated

Dubai: 60% work complete for first flying taxi vertiport near DXB

South Africa beats India in Test match; Harmer powers thrilling 30-run victory

 

The directives for the initiative were directly from Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai.

The move comes ahead of the festive occasion of Eid Al Adha and during the first 10 days of Dhul Hijjah, a time when Muslims across the world spend time in holy remembrance and charitable acts. It is also during this period that the holy pilgrimage of Hajj takes place in Makkah, Saudi Arabia.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Earlier, the UAE President ordered the exemption of debt repayment of 222 citizens, consisting of retirees and social support categories.

On Tuesday, the leader ordered the release of 963 inmates from penal and correctional facilities who had been sentenced in various cases. He pledged to pay the financial obligations incurred in implementing these sentences.

Other emirates also followed with inmate release in their respective cities.

• Dubai

Laraib Anwer

laraib@khaleejtimes.com

Laraib Anwer is a Digital Journalist who loves the thrill of breaking headlines almost as much as she does unapologetically using GenZ slang. She dreams of a world free of animal cruelty and hopes to tell community stories that make a difference.