Today: 8 January 2025
18 April 2023
1 min read

Abu Dhabi CP approves Dh2.7b housing fund

The housing benefits include the exemption of low-income retirees and families of deceased mortgagors from loan repayments…reports Asian Lite News

Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the disbursement of housing benefits worth AED2.74 billion to 1,800 citizens in Abu Dhabi.

The housing benefits include the exemption of low-income retirees and families of deceased mortgagors from loan repayments. The disbursement covers Abu Dhabi, Al Ain and Al Dhafra. Loans include the following housing categories: construction, demolition and reconstruction, as well as maintenance and expansion.

The first housing package of 2023, which coincides with Eid Al Fitr celebrations, reflects the leadership’s commitment to ensuring social stability and enabling citizens to raise strong, stable families that will benefit the future of the UAE.

Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport (DMT) and Chairman of Abu Dhabi Housing Authority, extended his deep thanks and gratitude to His Highness Sheikh Mohamed bin Zayed, and H.H. Sheikh Khaled bin Mohamed bin Zayed for the unlimited support that Their Highnesses give in following up on citizens’ needs and ensuring their housing needs are met.

Al Shorafa stressed Abu Dhabi Housing Authority’s commitment to developing a modern and sustainable housing system in Abu Dhabi that achieves the leadership’s vision and meets the needs of citizens and their families.

Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, expressed his sincere thanks and gratitude to His Highness Sheikh Mohamed bin Zayed for his guidance and commitment to meeting the needs of all citizens to ensure a good quality of life.

ALSO READ: UAE is India’s 2nd biggest export destination

Previous Story

‘Adopt a giver’s mindset’

Next Story

Alneyadi sends back critical research samples from space

Latest from -Top News

Iran, Saudi Pledge Stronger Ties

Rahimi on Sunday expressed satisfaction with the resumption of friendly relations between the two countries since 2023…reports Asian Lite News Iranian Justice Minister Amin-Hossein Rahimi held a meeting with Saudi Ambassador to

UN Chief Calls Out Israel on Syria

Guterres underscored that Israel and Syria must uphold the terms of the 1974 Disengagement of Forces Agreement, which remains fully in force…reports Asian Lite News UN Secretary-General Antonio Guterres has urged Israel

28 Indians detained in Bahrain repatriated 

The Embassy further said that the fishermen were initially sentenced to six months, but their term was reduced to three months. ..reports Asian Lite News The Indian Embassy in Bahrain on Wednesday announced
Go toTop

Don't Miss

Hundreds of tonnes of food from UAE reach Gaza

The UAE remains committed to supporting all humanitarian efforts alongside

MBZ to make working visit to France

The visit is an opportunity for the two leaders to