UAE President receives banking delegation

December 23, 2025 / 8:45 PM

Sharjah 24 – WAM: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, received a delegation of banks and financial institutions that contributed to the initiative to waive debts of Emiratis facing financial challenges. The initiative is led by the Defaulted Debts Settlement Fund in collaboration with banks and institutions across the country.

Promoting social responsibility and stability

During the meeting at Qasr Al Bahr in Abu Dhabi, His Highness expressed appreciation for the banks’ involvement and highlighted the importance of strengthening social responsibility in the UAE. He emphasised that such efforts contribute to national cohesion and resilience while bringing relief and hope to many families.

Partnership between government and private sector

Sheikh Mohamed bin Zayed noted that when institutions fulfill their social roles, they advance the UAE’s developmental vision, which relies on strong cooperation between government, public institutions, and the private sector. He stressed that successful development models worldwide are built on such partnerships.

Delegation reaffirms support

Members of the delegation reaffirmed their commitment to supporting national initiatives that enhance social and familial stability. They also pledged continued support for the UAE leadership’s efforts to ease financial burdens and improve quality of life for Emirati families.

Attendance of senior officials

The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region; His Highness Sheikh Saif bin Mohamed Al Nahyan; His Highness Sheikh Suroor bin Mohamed Al Nahyan; His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs; His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; in addition to a number of sheikhs, ministers and senior officials.