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.
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
Hong Kong’s new online-only banks plan to venture into business lending and wealth management, seeking more lucrative avenues beyond basic savings accounts and transfer services, senior executives said.
Addressing his first press conference in Islamabad after assuming the charge as finance minister, Tarin said: “Pakistan is in talks with the International Monetary Fund to try to ease “tough conditions” on a $6 billion loan.”
Sheikh Mohammed said on Twitter, “Today, we approved raising the value of the housing loans for citizens in Dubai to one million dirhams…
New bank lending in China rose less than expected in August from a nine-month low seen in the previous month, as investors debate over whether more stimulus
India has extended a federal guarantee on bank loans to health and tourism services while waiving visa fees for 500,000 foreign tourists, the finance minister said on Monday, stepping up support for the pandemic-hit economy.
The UAE’s Non-performing debt Relief Fund announced that 20 banks and financial institutions across the emirates waived the debts of 4,511 Emiratis, with a total value of more than Dhs1,157,388,000 billion.
The housing package, which coincides with the UAE’s 50th National Day celebrations, reflects the leadership’s commitment to ensuring social stability, and enabling citizens to raise strong, stable families that will benefit the future of the UAE.