A Dh10 billion package encompassing housing loans, plots of land and homes for Emiratis in Abu Dhabi was announced on Saturday.
It also includes the exemption of 10,032 low-income retirees and families of deceased mortgagors from repayments, Abu Dhabi Media Office said.
It comes under the directives of President Sheikh Khalifa and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.
The housing package coincides with the UAE’s 50th National Day celebrations and reflects the leadership’s commitment to ensuring social stability and enhancing living standards, state news agency Wam said.
It brings the total value of loans and exemptions this year to Dh13.1bn, benefitting 12,531 people.
The package forms part of the Ghadan 21 accelerator programme and, to mark the UAE's Golden Jubilee, doubles the number of housing loans for UAE nationals, the office said.
Ghadan 21 was launched in 2018 to boost economic growth and make Abu Dhabi an even more attractive place to live.
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
Company%20profile
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
THE CLOWN OF GAZA
Director: Abdulrahman Sabbah
Starring: Alaa Meqdad
Rating: 4/5
Company%20Profile
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Scoreline:
Barcelona 2
Suarez 85', Messi 86'
Atletico Madrid 0
Red card: Diego Costa 28' (Atletico)
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