More than 1,600 Emiratis were granted housing loans or had their debts cleared by the Abu Dhabi government
More than 1,600 Emiratis were granted housing loans or had their debts cleared by the Abu Dhabi government.
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said housing loans would be granted to citizens in Abu Dhabi, and ordered for retirees and families of deceased mortgagors to be exempt from loan repayments.
The total value of the loans and exemptions is Dh2.21 billion, with 1,656 citizens to benefit, according to the statement published by Abu Dhabi Media Office.
Sheikh Mohamed gave the order following directives from President Sheikh Khalifa.
It is the first round of housing loan approvals made in the emirate this year and coincides with Eid Al Fitr.
SOURCE
Update On
26 Dec 2021
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