UAE President Mohamed bin Zayed orders $817 million housing support for citizens

UAE President Sheikh Mohamed bin Zayed ordered housing support package that amounted to almost $2 billion in 2022. (File/AFP)
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Updated 02 December 2022
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UAE President Mohamed bin Zayed orders $817 million housing support for citizens

  • The third housing package of 2022 coincided with the UAE’s 51st National Day celebrations
  • UAE president earlier waived off over $146 million of debts for 1,214 Emirati citizens

DUBAI: UAE President Mohamed bin Zayed Al-Nahyan has ordered disbursement of housing loans worth $817 million for 1,900 Abu Dhabi citizens.

The third housing package of 2022 coincided with the UAE’s 51st National Day celebrations, marked on Dec.2, bringing the total value of housing support this year to almost $2 billion that benefitted over 4,000 citizens.

“It reflects the leadership’s commitment to ensuring social stability, enhancing living standards and enabling citizens to raise strong and stable families that will benefit the future of the UAE,” said a statement on Emirates News Agency (WAM).

The package includes housing loans, and the exemption of the retired and families of deceased borrowers in Abu Dhabi from loan repayments.

Ahead of the National Day, the UAE president earlier waived off over $146 million of debts for 1,214 Emirati citizens.

The Non-performing Debt Relief Fund said it would settle money owed by Emiratis in 17 banks, WAM earlier reported.


Spain highlights importance of Gaza reconstruction

Palestinian prime minister, Mohammed Mustafa, and the Spanish foreign minister, Jose Manuel Albares. (AP)
Updated 02 January 2026
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Spain highlights importance of Gaza reconstruction

  • Spain officially recognized Palestine as a state in May 2024, in a coordinated move alongside Ireland and Norway

RAMALLAH: The Palestinian prime minister, Mohammed Mustafa, and the Spanish foreign minister, Jose Manuel Albares, on Friday discussed the latest developments in the West Bank and Gaza Strip.
During their telephone conversation they emphasized the need to intensify international efforts to end the Israeli occupation and halt attacks and settler violence, and to secure the release of Palestinian funds held by Israeli authorities.
They affirmed the importance of ongoing efforts relating to plans for the reconstruction of Gaza, and Europe’s significant role in this process. Mustafa and Albares highlighted the need to unify Palestinian institutions in Gaza with those in the West Bank, with the aim of establishing a Palestinian state in line with international resolutions, including last year’s New York Declaration.
They also discussed coordination between their countries, and the strengthening of Spain’s political, diplomatic and financial support for Palestine, and Mustafa thanked Spain for its ongoing support.
Spain officially recognized Palestine as a state in May 2024, in a coordinated move alongside Ireland and Norway. Estephan Salameh, the Palestinian finance and planning minister, is set to visit Spain this month to discuss enhanced cooperation, particularly in the areas of development and reconstruction. Meanwhile, Israel continues operating in the occupied West Bank.
The Palestinian Prisoners media office said on Friday that Israel carried out numerous raids across the territory, including the major cities of Ramallah and Hebron, according to The Associated Press.
Nearly 50 people were detained, following the arrest of at least 50 other Palestinians on Thursday, most of those in the Ramallah area.
As 2026 begins, the shaky 12-week-old ceasefire between Israel and Hamas has largely ended large-scale Israeli bombardment of Gaza. 
But Palestinians are still being killed by Israeli fire, especially along the so-called Yellow Line that delineates areas under Israeli control, and the humanitarian crisis is compounded by frequent winter rains and colder temperatures.
On Friday, American actor and film producer Angelina Jolie visited the Rafah border crossing between Egypt and the Gaza Strip. 
The only crossing between the territory and a country other than Israel, it remains closed despite Palestinian requests to reopen it to people and aid.
Jolie met with members of the Red Crescent on the Egyptian side of the Rafah border crossing and then visited a hospital in the nearby city of Arish to speak with Palestinian patients on Friday, according to Egyptian officials.
Aid groups say not enough shelter materials are getting into Gaza during the truce.