Latest news with #EmiratiFamilies
Khaleej Times
a day ago
- Business
- Khaleej Times
Abu Dhabi grants Dh4.4-billion worth housing loans to citizens, waives debts
Abu Dhabi's Crown Prince approved a Dh4.62 billion-worth housing benefits package for citizens on June 5, a day before faithful across the country celebrate Eid Al Adha. Under the move, 3,052 citizens will benefit from the package, which includes housing loans and exempting certain categories of citizens from repaying housing loans. The housing loans — worth Dh4.4 billion — will benefit 2,862 citizens. Meanwhile, 190 citizens, which include retirees and beneficiaries of deceased citizens, will be exempted from repaying loans worth Dh212 million. The initiative, approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, comes under the directive of UAE President, Sheikh Mohamed, in his capacity as Ruler of Abu Dhabi. The disbursement of the second housing package of 2025 comes ahead of Eid Al Adha and reflects the leadership's ongoing commitment to comprehensive development, enhancing the wellbeing and stability of Emirati families and empowering them to actively contribute to the nation's progress. This package brings the total housing benefits delivered to citizens in Abu Dhabi in 2025 to Dh11.38 billion. The housing benefits package follows the recent endorsement of an additional community support subsidy of Dh250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan instalments, and a wide range of other services and facilities.
Khaleej Times
2 days ago
- Business
- Khaleej Times
Union Coop launches ‘Bahjat Al Eid' exhibition at Al Barsha Mall
As part of its vision to expand its community services and provide an integrated shopping experience, Union Coop has launched the 'Bahjat Al Eid' exhibition for Emirati productive families at Al Barsha Mall (Dubai), taking place until June 5. The exhibition features a selection of home-based projects and local entrepreneurial families showcasing their products. The initiative is aligned with Union Coop's commitment to empowering Emirati productive families by offering them dedicated spaces within its commercial centers to display and market their goods. This practical step aims to transform small-scale ventures into sustainable economic contributors. Through this initiative, Union Coop merges community impact with service innovation, offering high-quality local products in a modern and comfortable shopping environment — adding a new dimension to the customer experience in its shopping centers. Union Coop affirmed that the Bahjat Al Eid Exhibition is designed to add value for customers by introducing innovative and diverse products from Emirati families. This initiative not only enhances shopping options but also supports the local economy, reflecting the cooperative's ongoing commitment to addressing the needs of its diverse consumer base. The cooperative added that today's customers prefer quality, authenticity, and a shopping experience rooted in national identity. By supporting productive families, Union Coop helps meet these expectations while fostering direct engagement between local producers and consumers. Union Coop invites the public to visit the exhibition, which showcases a wide range of products including traditional foods, sweets, perfumes, heritage clothing, handicrafts, accessories, and gifts. The exhibition offers visitors a chance to explore a rich cultural and creative diversity that reflects the skills and expertise of Emirati families. It is worth noting that this exhibition is part of Union Coop's broader strategy to enhance corporate social responsibility initiatives, striking a balance between its commercial and community roles by introducing new, tangible services for customers while empowering local producers and stimulating the home-based economy.
Al Bawaba
2 days ago
- Business
- Al Bawaba
Union Coop Supports ‘Bahjat Al Eid' Exhibition
As part of its vision to expand its community services and provide an integrated shopping experience, Union Coop has launched the 'Bahjat Al Eid' exhibition for Emirati productive families at Al Barsha Mall (Dubai), taking place from June 1 to 5, 2025. The exhibition features a selection of home-based projects and local entrepreneurial families showcasing their products. The initiative is aligned with Union Coop's commitment to empowering Emirati productive families by offering them dedicated spaces within its commercial centers to display and market their goods. This practical step aims to transform small-scale ventures into sustainable economic contributors. Through this initiative, Union Coop merges community impact with service innovation, offering high-quality local products in a modern and comfortable shopping environment — adding a new dimension to the customer experience in its shopping centers. Union Coop affirmed that the Bahjat Al Eid Exhibition is designed to add value for customers by introducing innovative and diverse products from Emirati families. This initiative not only enhances shopping options but also supports the local economy, reflecting the cooperative's ongoing commitment to addressing the needs of its diverse consumer base. The cooperative added that today's customers prefer quality, authenticity, and a shopping experience rooted in national identity. By supporting productive families, Union Coop helps meet these expectations while fostering direct engagement between local producers and consumers. Union Coop invites the public to visit the exhibition, which showcases a wide range of products including traditional foods, sweets, perfumes, heritage clothing, handicrafts, accessories, and gifts. The exhibition offers visitors a chance to explore a rich cultural and creative diversity that reflects the skills and expertise of Emirati families. It is worth noting that this exhibition is part of Union Coop's broader strategy to enhance corporate social responsibility initiatives, striking a balance between its commercial and community roles by introducing new, tangible services for customers while empowering local producers and stimulating the home-based economy.
Zawya
3 days ago
- Business
- Zawya
Union Coop supports ‘Bahjat Al Eid' exhibition
Dubai, UAE: As part of its vision to expand its community services and provide an integrated shopping experience, Union Coop has launched the 'Bahjat Al Eid' exhibition for Emirati productive families at Al Barsha Mall (Dubai), taking place from June 1 to 5, 2025. The exhibition features a selection of home-based projects and local entrepreneurial families showcasing their products. The initiative is aligned with Union Coop's commitment to empowering Emirati productive families by offering them dedicated spaces within its commercial centers to display and market their goods. This practical step aims to transform small-scale ventures into sustainable economic contributors. Through this initiative, Union Coop merges community impact with service innovation, offering high-quality local products in a modern and comfortable shopping environment — adding a new dimension to the customer experience in its shopping centers. Union Coop affirmed that the Bahjat Al Eid Exhibition is designed to add value for customers by introducing innovative and diverse products from Emirati families. This initiative not only enhances shopping options but also supports the local economy, reflecting the cooperative's ongoing commitment to addressing the needs of its diverse consumer base. The cooperative added that today's customers prefer quality, authenticity, and a shopping experience rooted in national identity. By supporting productive families, Union Coop helps meet these expectations while fostering direct engagement between local producers and consumers. Union Coop invites the public to visit the exhibition, which showcases a wide range of products including traditional foods, sweets, perfumes, heritage clothing, handicrafts, accessories, and gifts. The exhibition offers visitors a chance to explore a rich cultural and creative diversity that reflects the skills and expertise of Emirati families. It is worth noting that this exhibition is part of Union Coop's broader strategy to enhance corporate social responsibility initiatives, striking a balance between its commercial and community roles by introducing new, tangible services for customers while empowering local producers and stimulating the home-based economy.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Bhatia General Contracting to hand over 1050 villas in Al Khawaneej 2
Bhatia General Contracting, a leading contractor in the UAE, will hand over 1,050 villas in Al Khawaneej 2 district this month, as part of a major government initiative to provide high-quality, modern housing for Emirati families and support sustainable urban development in Dubai. The project, which is now in its final phase, plays a crucial role in the 'Dubai 2033 Plan', a strategic initiative aimed at reinforcing Dubai's reputation as one of the world's most liveable urban centres. With this milestone, the total value of the projects executed since 2024 has reached Dh2.5 billion. The project is part of the historic Dh65 billion housing budget approved by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. The budget, extending until 2040, reflects the wise leadership's commitment to providing high-quality housing solutions to Emirati citizens. Ajay Bhatia, Chairman of Bhatia General Contracting and Founder of SOL Properties, said: 'This landmark housing development stands as a testament to our visionary leadership's dedication to enriching citizens' lives and nurturing their dreams. Aligning with this vision, and as we celebrate our 50th anniversary at Bhatia Group, we continue to strive to create welcoming spaces which can enrich the lives of residents and foster a sense of belonging. In this regard, the 1050 Villas Complex stands out as an epitome of thoughtful, sustainable urban living, designed to serve both present and future generations.' Located in Al Khawaneej 2, the master-planned community features an array of essential amenities such as open green spaces, pedestrian and cycling paths, a nursery, community park, and other essential public facilities. It also offers seamless neighbourhood connectivity to reduce the use of vehicles, in line with Dubai's vision to promote sustainable urban living. Moreover, the complex has several integrated features such as landscaped roads, service centres and digitally enabled allocation as well as financial service systems. Bhatia General Contracting has completed over 250 small and large-scale projects, ranging from small-site developments to multi-million government projects in the Middle East and the UAE.
