More than 1,600 Emiratis were granted housing loans or had their debts cleared by the Abu Dhabi government on Sunday.
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said housing loans would be granted to citizens in Abu Dhabi, and ordered for retirees and families of deceased mortgagors to be exempt from loan repayments.
The total value of the loans and exemptions is Dh2.21 billion, with 1,656 citizens to benefit, according to the statement published by Abu Dhabi Media Office.
Sheikh Mohamed gave the order following directives from President Sheikh Khalifa.
It is the first round of housing loan approvals made in the emirate this year and coincides with Eid Al Fitr.
Emiratis who have worked for at least 15 years and lived in the UAE for a decade or longer can apply for loans ranging from Dh500,000 to Dh2.25 million from the government to buy a home or plot of land on which to build a house.
This loan is repaid over the remainder of their lives but can sometimes be waived if a directive is issued. Typically, these directives exempt retired or low-income Emiratis.
The loans are distributed by Sheikh Zayed Housing Programme. An alternative scheme is run by Abu Dhabi Housing Authority.
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Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
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Haircare resolutions 2021
From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.
1. 'I will seek consultation from professionals'
You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.
2. 'I will tell my hairdresser when I’m not happy'
Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.
3. ‘I will treat my hair better out of the chair’
Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.
