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UAE President announces Dh3 billion worth of housing benefits

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The President of the United Arab Emirates , His Highness Sheikh Mohamed bin Zayed Al Nahyan, has ordered the payment of Dh3 billion in housing benefits to Abu Dhabi citizens.  The housing package, which coincides with celebrations of the country's 51st National Day,  is the third of its kind to be launched in 2022 and will cover 1,900 beneficiaries in the emirate. These include housing benefit and home loans. Retirees and families of deceased mortgage lenders are also  exempt from loan repayments.