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    Biden’s student loan plan neglects older borrowers

    26 Aug 2022

    There’s a group of student loan borrowers who may need relief more than anyone else: retirees and others who are smothered by student debt in their senior years. Sadly, President Joe Biden’s student debt forgiveness plan doesn’t do enough for them. Like the whole topic of loan forgiveness, it’s difficult to craft a solution that’s

    The debt crisis that sick Americans can’t avoid

    04 Aug 2022

    President Joe Biden’s campaign promise to cancel student debt for the first $10,000 owed on federal college loans has raised debate about the fairness of such lending programes. While just over half of Americans surveyed in a June poll supported forgiving that much debt incurred for higher education, 82% said that

    Warren’s plea for massive removal of student debt laudable

    11 Jun 2022

    Sen. Elizabeth Warren may have entered politics as a Harvard Law professor, but her case for a massive elimination of up to $50,000 in debt for America’s 45 million student-loan holders

    Dubai bank announces instalment deferment facility for customers hit by system glitch

    27 Jul 2024

    In line with its commitment to its valued customers, Dubai Islamic Bank (DIB) has deferred the July installments of all customers whose installments could not be deducted on time last month in June during the system upgrade.

    Abu Dhabi Social Support Authority to provide up to Dhs150,000 'Marriage Loan' to newly-wed Emiratis

    23 Jul 2024

    The Abu Dhabi Social Support Authority (SSA) has introduced the Marriage Loan initiative, implemented as part of the Abu Dhabi Family Wellbeing Strategy and the Emirati Family Growth Programme, launched by Department of Community Development - Abu Dhabi.

    No housing loans repayment for financially distressed citizens

    07 Dec 2019

    Citizens whose monthly income is below Dhs15,000 and families of deceased citizens exempted from repaying the remainder of housing loans to the Sheikh Zayed Housing Programme

    Sheikh Mohammed raises the value of housing loans for Emiratis in Dubai

    27 Sep 2021

    Sheikh Mohammed said on Twitter, “Today, we approved raising the value of the housing loans for citizens in Dubai to one million dirhams…

    Debt trap

    10 Oct 2023

    Debt trap

    Lebanese parliament approves laws on World Bank loans to help poor

    13 Mar 2021

    The approval came as the local currency hit a new record low on the black market, trading 11,150 Lebanese pounds to the dollar. The new crash triggered immediate protests, mostly in the country's north.

    Saudi Arabia deposits $2 billion in Pakistan's central bank

    11 Jul 2023

    It brings state foreign reserves to a total of $6.5 billion, an almost 50 per cent increase compared to last week's account balance.

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