Cabinet approves housing loans budget of AED 12 billion for Sheikh Zayed Housing Programme

Cabinet approves housing loans budget of AED 12 billion for Sheikh Zayed Housing Programme

WAM: Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, the UAE Cabinet meeting adopted a number of initiatives and legislations aimed at further developing government work.

The meeting was held at Expo 2020 Dubai, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance; HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; and HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.

Sheikh Mohammed bin Rashid said, “I chaired a cabinet meeting today, where we adopted a housing loans budget of AED 12 billion for Sheikh Zayed Housing Programme during the coming years. The aim is to fulfil accumulated and expected requests and reduce the waiting period during the coming years.”