Tue 04-07-2023 17:54 PM
ABU DHABI, 4th July, 2023 (WAM) -- The Central Bank of the UAE (CBUAE) today issued a notice to all banks and finance companies in the UAE outlining the measures taken to alleviate the burden of increased interest rates on residential real estate loans for UAE nationals (non-investment real estates).
The measures, which come into effect as of 1st July 2023, cover