
Dubai launches housing plan for Emirati families
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Filipino Times
3 hours ago
- Filipino Times
Dubai launches new scheme to help expats and Emiratis buy their first home
Dubai has introduced the First-Time Home Buyer Programme to make it easier and more affordable for residents, both expatriates and Emiratis, to purchase their first homes. The program offers priority access to new property launches, special pricing on units up to AED 5 million, and mortgage solutions tailored to buyers' needs, Dubai Media Office reported. Launched on Wednesday by the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET), the initiative was unveiled in the presence of representatives from major banks and real estate developers. It supports Dubai's goal to increase homeownership and double the real estate sector's contribution to the economy by 2033. Designed for all nationalities and income levels, the program is open to applicants aged 18 and above who live in the UAE and do not currently own freehold residential property in Dubai. 'By lowering entry barriers to homeownership for Emiratis and expatriates alike, we are enhancing investor confidence, increasing market absorption rates, and reinforcing Dubai's global positioning as a city where personal aspirations and business ambitions converge,'His Excellency Helal Saeed Almarri, Director General of DET, said. His Excellency Omar Bu Shehab, Director General of DLD, noted that the programme aligns with the Dubai Real Estate Strategy 2033 and the Dubai Economic Agenda D33, aiming to make homeownership more accessible while encouraging long-term investment among residents. Participating banks include Commercial Bank of Dubai, Dubai Islamic Bank, Emirates NBD, Emirates Islamic, and Mashreq Bank, all offering mortgage products tailored for eligible first-time buyers. Meanwhile, leading real estate developers such as Azizi Developments, Beyond Developments, Binghatti Holding, DAMAC Properties, Danube Properties, Dubai Properties, Ellington Properties, Emaar Properties, Majid Al Futtaim Group, Meraas, Nakheel, Palma Holding, and Wasl have committed their support to the programme.


Al Etihad
4 hours ago
- Al Etihad
KFED launches ‘Future Entrepreneur' programme to enhance entrepreneurship skills
3 July 2025 18:45 ABU DHABI (WAM)The Khalifa Fund for Enterprise Development (KFED) is launching on Friday, July 4, 2025, the 'Future Entrepreneur' programme to foster entrepreneurship skills among the youth aged between 6 and key objectives of the programme include fostering innovation, empowering young people with financial management skills, and building a new generation of national entrepreneurs using tools for excellence in a practical environment under the guidance of a committee of programme is projected to attract 5,000 participants and develop 2,500 entrepreneurial projects and 1,000 small ventures under the 'Future Entrepreneurs Permit' initiative, launched by the Abu Dhabi Registration Authority (ADRA), an arm of the Abu Dhabi Department of Economic Development (ADDED) to develop and regulate the business sector, over the next five follows a comprehensive process to select exceptional young entrepreneurs based on their eligibility, thinking methodology, creativity, and mainly focuses on innovative problem-solvers and young individuals with the capability to make a long-term impact on Abu Dhabi's economic programme aims to support participants within certain age groups to innovate, develop, and sell products and services in a realistic this programme, participants will receive expert guidance and feedback, helping them reach an idea pitching stage, where they can showcase products and services in a marketplace to promote and sell them and win training camp, under the programme, enables participants to apply their acquired skills in real markets across various key fields, such as science, technology, engineering, and mathematics (STEM) fields, the pre-owned goods market, and food and beverage camp will also include a stringent evaluation system to recognise exceptional talents and qualify them to be part of 'Builders of Future Launchpad.'CEO of the Khalifa Fund for Enterprise Development, Mouza Obaid Al Nasri, said, 'The Future Entrepreneur programme is a testament to our wise leadership's progressive vision to support young talents, investing in programmes to make them future leaders. Through this initiative, we aim to foster a culture of innovation among youth and reinforce national entrepreneurship, which is one of the key pillars of the national economy and a driver of its sustainable growth and diversification. Furthermore, we seek to offer an enabling ecosystem to transform the aspirations of the participants into success stories at the beginning stage itself, allowing them to grow as successful entrepreneurs and create a lasting impact across Abu Dhabi's major sectors.'The initiative is going to start with an opening ceremony, in "Nabd Al Falah" Centre in Al Falah City, offering participants an opportunity to register and select their preferred pathway under the 'Inventor' or 'Trader' selected participants can then engage in a two-week summer camp and gain practical knowledge in pricing and brand development. The programme will extend over a four-week period beginning mid-July, with two extensive study days per week. It seeks to nurture skills of young individuals in areas of idea generation, prototype development, budget planning, storytelling, and digital tools.


Dubai Eye
10 hours ago
- Dubai Eye
Sheikh Abdullah discusses boosting bilateral ties with Ghana counterpart
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and his counterpart in Ghana, Okudzeto Ablakwa, have explored ways to further strength bilateral ties during a phone call. The diplomats reviewed the evolving relations between the countries, and mechanisms to support and enhance cooperation across various fields, reported national news agency WAM. Earlier this year, the UAE proposed a comprehensive strategic partnership with Ghana, shortly before they signed a deal to establish a technology hub in the West African country's capital that is expected to attract over 11,000 global technology firms, including global tech giants like Microsoft, and Meta.