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Marriage Loan Initiative To Rental Assistance For Newly Weds, What Is The Emirati Family Growth Initiative?

A part of the Abu Dhabi family well-being strategy, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan launched the Emirati Family Growth Initiative.

by Anupriya Mishra
Marriage Loan Initiative To Rental Assistance For Newly Weds, What Is The Emirati Family Growth Initiative?

Abu Dhabi is always trying to do something for the betterment of the people living in the emirate. And recently, the Abu Dhabi Executive Council, which is headed by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, there’s something quite important for the people. Yes, he’s the Chairman of Abu Dhabi Executive Council, the Department of Community Development – Abu Dhabi and launched the family growth programme.

Emirati Family Growth Initiative In Abu Dhabi

A part of the Abu Dhabi family well-being strategy, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan launched the Emirati Family Growth Initiative. Including six fantastic initiatives for supporting UAE nationals to marry and raise children, this will help them to build and grow families. According to a report by the Abu Dhabi media office, it was reviewed that This initiative will also contribute to family and societal cohesion.

In case you’re wondering about the initiatives, there are six of them for supporting the UAE nationals. With the aim of enhancing this family’s quality of life, these goals extend to 2028.

What Are The Six Initiatives?

These initiatives are as follows –

Facilitated Marriage Loan Initiative
Maternity Leave Support For Women Working In Private Sector Initiative
Home Visit Service Initiative
Rental Assistance For Newly Weds
Extending House Loan Repayment Period Initiative
Loan Partial Deduction Initiative

In case you’re wondering, Rental Assistance for Newly Weds offers temporary housing to newly married couples. While the Extending House Loan Repayment Period Initiative is for exempting a percentage of the house loan amount for each additional child that is born in the family, which starts from the fourth to the sixth within specific criteria and conditions. Finally, it’s worth mentioning that DCD aims to strengthen family cohesion and create a more prosperous society through these efforts.

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More About This Programme

The initiatives are hardly surprising as the Emirates is always trying something to support children and empower young people. The introduction of these initiatives is bound to have a positive impact on the enhancement of cooperation and solidarity between the members of the immunity community. And, these efforts will also emphasise the role of family. This will be done while recognising that the strong and stable foundation of a society is essential for sustainable development. It promotes the culture of simple marriages by offering financial advances without interest or fees. So, the Emirati Family Growth Initiative support program is working towards the enhancement of family life in Abu Dhabi.

Finally, it’s worth mentioning that this programme will be implemented over a period of five years. Not to mention, the positive impact of the initiatives will then be assisted in ensuring their contribution to building a stable and prosperous community.

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First Published: July 09, 2024 12:54 PM