Thousands of UAE nationals have been exempted from paying back their personal loans worth over AED 780 million.
President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the order ahead of the 48th National Day.
Fifteen different banks are part of the initiative that’s set to benefit more than 1,700 Emiratis.
The decision is aimed at easing the financial burden of low-income citizens and improving their quality of life.
UAE carriers extend flight cancellations to Saudi Arabia amid regional disruption
Etihad Airways and flydubai have cancelled more flights between the UAE and several cities in Saudi Arabia following the airport attack on King Khalid International Airport in Riyadh on Saturday.
UAE strongly condemns Houthi attacks on King Khalid International Airport
The United Arab Emirates has strongly condemned the attacks launched by the Houthi group on Saudi Arabia's King Khalid International Airport in Riyadh.
2 UAE convoys deliver 259 tonnes of food aid to Gaza
Two UAE humanitarian aid convoys comprising 20 trucks carrying 259 tonnes of food supplies have entered the Gaza Strip this week under Operation Chivalrous Knight 3.
Etihad Airways extends Abu Dhabi-Riyadh flight cancellations
Etihad Airways announced on Saturday more flights between Abu Dhabi and Riyadh have been cancelled until October 12 due to an "operational disruption" at Riyadh airport.
