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Mohammed bin Rashid visits New Economy Academy
Mohammed bin Rashid visits New Economy Academy

Al Etihad

time3 days ago

  • Business
  • Al Etihad

Mohammed bin Rashid visits New Economy Academy

30 June 2025 16:56 DUBAI (ALETIHAD)His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, visited the New Economy Academy, where His Highness was briefed on the variety of academic programmes offered by the institution aimed at enhancing the capability of Emirati citizens to cope with the rapid changes in the economic, financial and entrepreneurial Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, was also in attendance, along with His Excellency Mohammad Al Gergawi, Minister of Cabinet Highness Sheikh Mohammed bin Rashid also attended part of the 'Family Financial Literacy Programme – Dubai: How to Build Financial Stability for Your Family,' organised by the Community Development Authority in Dubai in collaboration with the New Economy Academy. 'Our goal is to see every Emirati household enjoying family cohesion, financial stability, and greater awareness of the future and its tools,' His Highness said. Ongoing Programmes His Highness Sheikh Mohammed bin Rashid listened to a presentation by Dr. Laila Faridoon, CEO of the New Economy Academy, about its key programmes, which are inspired by the institution's agenda to support citizens and enhance their capabilities and literacy across economic and financial domains. Courses offered by the academy aim to equip citizens to cope with the rapid developments taking place within the context of the economy, entrepreneurship, and financial resource management. Programmes offered by the academy include: Financial Awareness, Entrepreneurship, Capital Markets, Real Estate Pathway, and Homebuilding his visit, His Highness Sheikh Mohammed bin Rashid was also briefed on the objectives of the 'Family Financial Literacy Programme – Dubai: How to Build Financial Stability for Your Family,' which falls under the umbrella of the Sheikha Hind Bint Maktoum Family Programme, launched by Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The programme aims to support Emirati families in Dubai, offering them new insights to boost family stability and cohesion, reinforce societal values, and enhance quality of its launch, the 'Family Financial Literacy Programme – Dubai', organised by the Community Development Authority in collaboration with the New Economy Academy, has successfully graduated members of 175 households across three cohorts. Three additional cohorts are scheduled to take up the programme in the near Excellency Hessa bint Essa Buhumaid, Director General of the Community Development Authority in Dubai, stated that the Family Financial Literacy Programme reflects the leadership's directives to prioritise the empowerment of Emirati families and to implement policies and plans to reinforce their cohesion and stability as a community. She emphasised that economic empowerment and enhanced financial awareness are amongst the most critical pillars in achieving these objectives. Comprehensive Support Her Excellency affirmed that the Community Development Authority in Dubai will continue to collaborate with its partners, especially the New Economy Academy, to roll out more programmes aimed at supporting families through every situation and stage of training programme is aimed at participants in the 'Dubai Weddings' initiative, launched by the Community Development Authority in January 2024 under the directives of Her Highness Sheikha Hind bint Maktoum bin Juma Al initiative aims to provide support for Emirati citizens in Dubai who are preparing for marriage and to ease their financial burdens in a way that promotes strong marital relationships and enhances family programme covers the costs of the main wedding ceremony and offers wedding halls and neighbourhood majlis venues free of training programme includes a series of lectures and workshops supervised by a group of experts and specialists from the Community Development Authority in Dubai, the New Economy Academy, the General Pension and Social Security Authority, and Al Etihad Credit programme aims to enable couples preparing for marriage, as well as newlyweds, to practice sound financial planning and manage financial resources effectively to ensure long-term financial stability. It also promotes awareness of the importance of achieving savings, managing household budgets, and avoiding debt that could negatively impact family it helps couples devise effective budgets, manage expenses sustainably, and allocate funds for key life goals. Integrated Tracks The programme is delivered through integrated tracks highlighting elements of financial, psychological, and social awareness and the importance of all these aspects in fostering cohesive families and stable communities. Through its training tracks, the programme equips participants with an initial roadmap for their financial future, enabling them to make informed decisions that help them achieve their financial goals with confidence and training programme provides advanced strategies for debt management and encourages saving for key life objectives such as home ownership, raising children, and also equips couples with constructive communication skills to address financial programme further includes training in smart investment strategies, wealth-building techniques, and understanding various retirement savings also learn how to handle financial challenges such as job loss or medical emergencies and maintain financial balance during difficult times.

Dubai Sets Rules for Home Extensions and Added Living Space
Dubai Sets Rules for Home Extensions and Added Living Space

Gulf Insider

time18-03-2025

  • Business
  • Gulf Insider

Dubai Sets Rules for Home Extensions and Added Living Space

Dubai Municipality has announced new planning rules to allow home extensions and adding living space to homes in the emirate. In line with the 'Year of Community' announced by UAE President Sheikh Mohamed bin Zayed Al Nahyan, Dubai Municipality launched the 'Home First' initiative to enhance housing facilities for Emirati families. The initiative introduces a comprehensive set of urban planning amendments designed to strengthen family stability, foster social cohesion, and improve quality of life for Emirati families. 'Home First' also supports the Sheikha Hind bint Maktoum Family Programme, which was established by Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The programme aims to strengthen family bonds, promote social values, and create a sustainable residential environment that meets the evolving needs of Emirati families. As part of the initiative, Dubai Municipality has updated the Dubai Building Code to introduce greater flexibility in residential planning, enabling Emirati citizens to tailor their homes to meet their social and family needs. The new regulations allow the construction of a side family annex before the main villa, offering additional living spaces such as bedrooms, living rooms, and kitchens. Emirati homeowners can also build a separate villa for a son within the existing family property, ensuring efficient space utilisation and privacy while maintaining strong family ties. The initiative allows families to expand their villas with a full 100 per cent extension on the second floor. Setback regulations have also been revised, reducing the minimum setback for villas to 1.5m and introducing an additional 1.5m setback for rooftop floors across all construction boundaries. Additionally, setbacks between service annexes and the main villa have been removed, with the updated regulations permitting service annexes to reach a height of up to eight metres across two floors. Townhouses can now be built adjacent to each other across two plots, improving urban planning efficiency while ensuring architectural harmony. Marwan Ahmed bin Ghalita, Acting Director-General of Dubai Municipality, said: 'The Home First initiative reinforces Dubai Municipality's commitment to a flexible and sustainable urban planning framework that supports family well-being and community stability. 'These new allowances provide Emirati families with adaptable housing facilities that meet their evolving needs while upholding Dubai's high architectural standards. 'The initiative aligns with the goals of the Dubai Social Agenda 33, which aims to position Dubai as the world's best city for living, housing services, and community well-being. 'By implementing these measures, we are fostering a dignified and inclusive living experience that enhances the happiness and prosperity of all citizens.' Dubai Municipality invites Emirati citizens to explore the initiative's benefits by visiting its official website for detailed information on the required documentation or contacting its call centre at 800 900. Dubai Municipality remains committed to continuously enhancing construction-related services, regulations, and building codes while overseeing licensing, construction activities, and strategic urban planning. These efforts support the development of a smart, sustainable, and globally competitive construction sector, ensuring the highest quality of life in line with international urban planning and sustainability standards in the emirate. Also read: Dubai Hosts First Ever International Sports Entertainment Free Zone Cluster

Dubai Municipality Launches ‘Home First' to Enhance Housing for Emirati Families
Dubai Municipality Launches ‘Home First' to Enhance Housing for Emirati Families

Hi Dubai

time18-03-2025

  • Business
  • Hi Dubai

Dubai Municipality Launches ‘Home First' to Enhance Housing for Emirati Families

In alignment with the 'Year of Community' initiative announced by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Dubai Municipality has introduced the 'Home First' initiative to enhance housing facilities for Emirati families. This initiative introduces key urban planning amendments aimed at strengthening family stability, fostering social cohesion, and improving quality of life. It also supports the Sheikha Hind bint Maktoum Family Programme, which focuses on reinforcing family bonds and creating a sustainable residential environment for Emirati households. As part of 'Home First,' Dubai Building Code updates now allow greater flexibility in residential planning. Key amendments include: Side family annex construction before the main villa, providing additional living spaces. Separate villas for sons within the family property to balance privacy and togetherness. 100% extension allowance on the second floor to maximize space. Revised setback regulations, reducing minimum setbacks to 1.5 metres and allowing annexes to reach eight metres across two floors. Adjacent townhouses can now be built across two plots, improving urban efficiency. Marwan Ahmed bin Ghalita, Acting Director-General of Dubai Municipality, emphasized that 'Home First' reflects a flexible and sustainable urban planning vision, aligned with Dubai Social Agenda 33, which aims to make Dubai the world's best city for housing and community well-being. Emirati citizens are encouraged to explore the initiative's benefits by visiting Dubai Municipality's official website or contacting its call centre at 800900. With a focus on sustainability and innovation, Dubai Municipality continues to refine construction regulations to enhance quality of life for all residents. News Source: Emirates News Agency

Dubai's 'Home First' initiative enhances housing flexibility for Emiratis
Dubai's 'Home First' initiative enhances housing flexibility for Emiratis

Dubai Eye

time18-03-2025

  • Business
  • Dubai Eye

Dubai's 'Home First' initiative enhances housing flexibility for Emiratis

Dubai Municipality has launched the 'Home First' initiative to improve housing options for Emirati families, with a focus on enhancing family stability and social cohesion. The initiative, in line with the 'Year of Community', includes urban planning amendments aimed at fostering a higher quality of life. It also supports the Sheikha Hind bint Maktoum Family Programme, which promotes family bonds and social values. The initiative includes key updates to the Dubai Building Code to allow more flexibility in residential planning, allowing for additional living spaces such as side family annexes and separate villas for sons within family properties. Families can also expand their villas with a 100 per cent extension on the second floor, while new setback regulations provide greater space and privacy. The initiative also allows for townhouses to be built adjacent to each other, ensuring both efficiency and architectural harmony. Marwan Ahmed bin Ghalita, Acting Director-General of Dubai Municipality, highlighted that 'Home First' reinforces the city's commitment to sustainable urban planning, offering adaptable housing options to meet the evolving needs of Emirati families. — Dubai Media Office (@DXBMediaOffice) March 17, 2025

Dubai launches housing plan for Emirati families
Dubai launches housing plan for Emirati families

The National

time17-03-2025

  • Business
  • The National

Dubai launches housing plan for Emirati families

Dubai Municipality on Monday launched the Home First initiative to enhance housing facilities for Emirati families and cut bureaucracy on residential planning. It introduces a set of urban planning amendments designed to strengthen family stability, foster social cohesion and improve quality of life, state news agency Wam reported. It supports the Sheikha Hind bint Maktoum Family Programme, which was established by Sheikha Hind bint Maktoum, wife of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, in January. The initiative updates the Dubai Building Code, allowing for greater flexibility in residential planning and enabling Emiratis to more easily make amendments to their homes. The new regulations allow the construction of a side family annexe before the main villa, offering additional living spaces such as bedrooms, living rooms and kitchens. Emirati homeowners can build a separate villa for a son within the existing family property and the initiative also allows families to expand their villas with a full 100 per cent extension on the second floor. Setback regulations (the minimum distance which a building or other structure must be away from a street or road) have also been revised, reducing the minimum setback for villas to 1.5 metres and introducing an additional 1.5-metre setback for rooftop floors across all construction boundaries. Additionally, setbacks between service annexes and the main villa have been removed, with the updated regulations permitting service annexes to reach a height of up to eight metres across two floors. Townhouses can now be built adjacent to each other across two plots. 'The Home First initiative reinforces Dubai Municipality's commitment to a flexible and sustainable urban planning framework that supports family well-being and community stability,' said Marwan Ahmed bin Ghalita, acting director general of Dubai Municipality. 'These new allowances provide Emirati families with adaptable housing facilities that meet their evolving needs while upholding Dubai's high architectural standards.' In January, Sheikh Mohammed approved a housing project worth Dh5.4 billion ($1.47 billion) for young Emiratis planning to start families. The initiative includes the construction of more than 3,000 housing units in Dubai. Of these, 1,181 homes will be built in Latifa City for beneficiaries under the housing loan category. For beneficiaries in the housing grant category, 606 new homes will be created in Al Yalayis 5, a total of 432 in Wadi Al Amardi, 398 in Al Awir 1, another 200 in the Makan area of Hatta, 120 in Oud Al Muteena and 67 homes in the countryside and rural areas of Dubai.

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