Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, on Thursday approved Dh4.62 billion in housing support for Emiratis in the capital.
The benefits package – the second to be delivered this year – will be shared between 3,052 citizens and comes on the eve of the nation's Eid Al Adha celebrations. The assistance is largely made up of housing loans valued at Dh4.4 billion, which will be provided to 2,862 people.
Exemptions from housing loan repayments worth Dh212 million were also agreed on behalf of 190 citizens, limited-income retirees and beneficiaries of deceased citizens. Sheikh Khaled previously approved a housing benefits package worth Dh6.75 billion for Emiratis before Eid Al Fitr this year.
“The new housing benefits package reflects the leadership’s commitment to empowering citizens through the provision of quality housing that promotes family stability and elevates quality of life," said Mohamed Ali Al Shorafa, chairman of the board of directors of Abu Dhabi Housing Authority.
The housing aid was delivered under the directives of President Sheikh Mohamed, in his capacity as Ruler of Abu Dhabi.
The support follows the recent endorsement of an additional community support subsidy of Dh250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan repayments, and a wide range of other services and facilities.
More on Quran memorisation:
UAE%20Warriors%2045%20Results
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UAE currency: the story behind the money in your pockets
T20 World Cup Qualifier fixtures
Tuesday, October 29
Qualifier one, 2.10pm – Netherlands v UAE
Qualifier two, 7.30pm – Namibia v Oman
Wednesday, October 30
Qualifier three, 2.10pm – Scotland v loser of qualifier one
Qualifier four, 7.30pm – Hong Kong v loser of qualifier two
Thursday, October 31
Fifth-place playoff, 2.10pm – winner of qualifier three v winner of qualifier four
Friday, November 1
Semi-final one, 2.10pm – Ireland v winner of qualifier one
Semi-final two, 7.30pm – PNG v winner of qualifier two
Saturday, November 2
Third-place playoff, 2.10pm
Final, 7.30pm
Company profile
Name: Back to Games and Boardgame Space
Started: Back to Games (2015); Boardgame Space (Mark Azzam became co-founder in 2017)
Founder: Back to Games (Mr Azzam); Boardgame Space (Mr Azzam and Feras Al Bastaki)
Based: Dubai and Abu Dhabi
Industry: Back to Games (retail); Boardgame Space (wholesale and distribution)
Funding: Back to Games: self-funded by Mr Azzam with Dh1.3 million; Mr Azzam invested Dh250,000 in Boardgame Space
Growth: Back to Games: from 300 products in 2015 to 7,000 in 2019; Boardgame Space: from 34 games in 2017 to 3,500 in 2019
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Dunki
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Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
