Emiratis allocated funds through the Sheikh Zayed Housing Programme will be given discounts on building materials for their homes, WAM, the state news agency, has reported.
Mohammed Abdul Aziz Jasim, the scheme's acting director general, said it had signed an agreement with 34 construction companies to give Emiratis discounts of between 5 and 35 per cent on building materials. Mr Jasim said it would result in a reduction of between 15 and 20 per cent in the overall cost of building a home.
"The door is still open for other companies to join this national initiative for achievement of social stability," he was quoted by WAM as saying.
WAM reported a housing project costing Dh1 million could save as much as Dh200,000.
About 12,500 out of 24,500 of those who received grants would benefit from the offer, Mr Jasim said, without saying why the reduction did not apply across the board.
The Sheikh Zayed Housing Programme grants assistance to thousands of Emiratis a year.
It offers interest-free loans and grants to buy or build a new home, or to maintain or extend an existing one.
It also provides completed housing within residential compounds, particularly in the Northern Emirates.
newsdesk@thenational.ae
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
Asia Cup 2018 final
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UAE currency: the story behind the money in your pockets
More on Quran memorisation:
UAE currency: the story behind the money in your pockets
COMPANY%20PROFILE
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Zayed Sustainability Prize
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
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The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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Aayan%E2%80%99s%20records
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