News UAE announces exemption of citizens' debt worth nearly AED1-billion

UAE announces exemption of citizens’ debt worth nearly AED1-billion


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The government in Abu Dhabi has announced the exemption of 1,607 Emiratis’ debts worth AED869,845,000 as part of the country’s Citizens’ Debt Settlement Fund. 

In an announcement made on Twitter by the Abu Dhabi Media Office, the exemption was implemented as per directives of the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan.

A total of 12 banks across the country will be participating in the program. 

The Global Filipino Magazine is the only Filipino magazine in the UAE that prints on a monthly basis. Its goal is to champion the success of every global Filipino across the globe.

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