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Good morning from The National on June 14, 2024.

Here is your digest of what is making the headlines in the Emirates.

President Sheikh Mohamed has ordered the release of about 1,140 prisoners before the start of Eid Al Adha.

He also pledged to pay the inmates' fines, state news agency Wam reported.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, ordered that 686 inmates be released from the emirate's prisons, reported the Dubai Government Media Office.

Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah, also ordered the release of 352 prisoners to mark Eid Al Adha, Wam reported.

Read the full story here

Patrick Ryan
Assistant News Editor

 

UAE economy grew 3.6 per cent last year, exceeding previous estimate

The UAE economy's growth in 2023 was stronger than the most recent estimate, driven by non-oil sector growth.

The Arab world’s second-largest economy expanded by 3.6 per cent last year, compared to the 3.1 per cent estimated by the Central Bank of the UAE (CBUAE) in the fourth quarter, the banking regulator said on Thursday.

Non-oil gross domestic product expanded by 6.2 per cent during the period, it said in its annual report.

It, however, downwardly revised its growth projections for 2024 to 3.9 per cent from the previous estimate of 4.2 per cent.

Read the full report from Fareed Rahman here

 

Sheikh Khaled approves Dh3.3bn in housing support for Emiratis

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, on Thursday approved more than Dh3.3 billion in housing aid to boost the living standards of Emiratis in the capital.

The housing and benefits package has been distributed among 2,015 citizens to coincide with the upcoming Eid Al Adha celebrations.

The financial assistance includes housing loans valued at more than Dh3 billion for 1,766 Emiratis, including 782 loans to purchase residential units in the Balghaiylam residential project.

Senior citizens with low incomes and the families of deceased citizens have been exempted from housing loan payments, amounting to more than Dh262 million.

Read more here

 
 

COMING UP

  • Jeonghwan Kim, South Korean pianist, Dubai Opera – June 15
  • Matilda the Musical: Etihad Arena, Abu Dhabi – June 20-23

FACT OF THE DAY

There will be free parking in Dubai throughout Eid Al Adha. Read more here

 

THE WRAP

President Sheikh Mohamed offers warm wishes on Eid Al Adha
My Dubai Rent: Computer programmer opts for one bedroom in ‘best location'
Dubai Police adds Tesla Cybertruck to its fleet
Dubai Police launch scheme to help children of female inmates
 

FRONT PAGE

 
Updated: June 14, 2024, 3:13 AM