Dubai Ruler Waives Off Housing Loans

Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum gave the order with an aim to reduce the woes of financially troubled families, a statement said.
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Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai has ordered to exempt financially distressed citizens from repaying the remainder of their housing loans to the Sheikh Zayed housing programme. Distressed citizens include those who earn a monthly income of less than Dhs15,000 and families of deceased citizens.

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