Abu Dhabi announces $400m housing benefits for citizens
ABU DHABI, July 12, 2022
UAE President HH Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as the ruler of Abu Dhabi, has ordered the disbursement of AED1.5 billion worth of housing benefits to Abu Dhabi citizens, covering more than 1,100 beneficiaries in the emirate.
The benefits package includes grants for houses, housing loans, and the exemption of retirees and deceased families from paying the dues of housing loans, reported Wam.
The approval of the second package for 2022 coincides with Eid Al Adha celebrations and is based on the keenness of the wise leadership to ensure social stability, enhance living standards and a decent life for citizens, and enhance their role in contributing to advancing development in society, stated the report.
These directives also reflect the interest of the Abu Dhabi leadership to meet the aspirations and needs of citizens, provide decent livelihoods and the well-being of the people of the country and their families, and build a cohesive society within an environment that enhances the contribution to building and progressing the country, it added.
