Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.
PHOTO BY ARCHIVE
DUBAI – The Crown Prince of Abu Dhabi has approved a Dh5.5 billion grant for housing loans, houses and residential lots in the UAE capital.
Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, approved the billion-dirham grant for more than 5,500 Emiratis in Abu Dhabi.
Authorities have been ordered to double the number of housing loans to UAE citizens as part of Abu Dhabi’s Development Accelerator Programme, also known as Ghadan 21.
The latest housing grant is under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
The approval of the first installment of housing loans, houses and residential plots coincides with Eid Al Fitr.
It is also part of the UAE’s commitment to “ensure social stability and enhance living standards of UAE nationals and strengthen their role in contributing to the development in society”. ICA/Expat Media
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