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UAE Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has ordered the exemption of financially-distressed citizens, whose monthly income is below Dh15,000 ($4,083.4), from repaying the remainder of housing loans taken under the Sheikh Zayed Housing Programme (SZHP).
The royal decree also covers the families of deceased Emirati citizens, said a statement from Dubai Media office.
It is aimed at alleviating the financial burdens of low-income groups, and help their families achieve social and economic stability, it added.-TradeArabia News Service
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