Abu Dhabi orders disbursement of $642 million in housing loans

Abu Dhabi has ordered the disbursement of housing loans to 1,347 Emirati citizens in the UAE capital for a total of AED2.36 billion ($642 million).

This follows the directives of President H.H. Sheikh Khalifa bin Zayed Al Nahyan, H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, and Chairman of the Abu Dhabi Executive Council .

The first housing package in 2022, which coincides with Eid Al Fitr celebrations, reflects the leaders’ commitment to providing social stability and enabling the citizens of the United Arab Emirates to raise strong and stable families that will benefit in the future of the United Arab Emirates, reported Wow.

The package is part of the UAE leadership’s continued commitment to further strengthen the contribution of citizens to the advancement of society by maintaining a high standard of living within tightly knit and connected communities, he said. he declares.

Falah Mohammad Al Ahbabi, Chairman of the Department of Municipalities and Transport and Chairman of the Board of the Abu Dhabi Housing Authority, said: “This housing package reflects our leaders’ commitment to ensuring the good -being of our citizens and to prioritize the strength and stability of families. .”

The Authority is continuously working towards a modern and sustainable housing ecosystem that enhances social stability and cohesion and also meets the needs of Emirati families in line with the leaders’ vision, he said.

Dr Mohammad Rashid Ahmad Al Hameli, chief executive of the Abu Dhabi Housing Authority, said the first housing package of the year aims to amplify the joy of citizens, reflecting the leaders’ commitment to ensuring a safe and secure environment for families.

“Immediately after the leaders issue the guidelines, we are contacting beneficiaries to expedite the process so they can claim their housing benefits. This is part of the Abu Dhabi Housing Authority’s strategy to provide efficient and high-quality services to the citizens of the UAE and to make their travel smooth and effortless,” he added.

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