Abu Dhabi: Interest Free Loan for Marriage Announced
Emaratalyoum, 13 September 2024: The Department of Community Development in Abu Dhabi has announced the start of registration for the six initiatives of the Emirati Family Growth Program (Nomu).
This program aims to enhance family formation and stability, aligning with the Abu Dhabi Family Quality of Life Strategy and the wise vision of the leadership.
The program is part of the department’s ongoing efforts to strengthen family cohesion and support young couples and newly formed families of Emirati citizens in the emirate.
The six initiatives offer various benefits, including an interest-free marriage advance of up to AED 150,000 for those about to get married, a discount on housing loans up to AED 40,000, an extension of the repayment period for housing loans, extended maternity leave for mothers working in the private sector, rental assistance of up to AED 75,000 for newlyweds, and home visits.
These initiatives demonstrate the government’s commitment to supporting families and promoting a stable and nurturing environment for the growth and well-being of Emirati families.
For the full story, click here.
For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.
You can also explore the legal landscape by subscribing to our Weekly Newsletter.
Want to learn more about Lexis® Middle East? Visit https://www.lexis.ae/lexis-middle-east-law/.