Arab Today, arab today dhs3b housing loans for citizens
Last Updated : GMT 16:52:01
Arab Today, arab today
Arab Today, arab today

Dhs3b housing loans for citizens

Arab Today, arab today

Arab Today, arab today Dhs3b housing loans for citizens

Abu Dhabi - Arabstoday

In line with the directives of President His Highness Sheikh Khalifa Bin Zayed Al Nahyan and instructions of General Sheikh Mohammed Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, the Abu Dhabi Executive Council has approved issuance of a new package of housing loans to 1,496 nationals beneficiaries at a total value of Dhs2,992 million.The loans will be provided through the Private Housing Loan Authority - Abu Dhabi.The directives come as part of the leadership’s keenness to provide decent and stable living standards to the citizens.The Executive Council has instructed Abu Dhabi Finance Department to transfer the loan amounts to the respective banks, in order to inform beneficiaries of the new package of loans to serve their choice of building or renovating their houses.Around 805 beneficiaries in Abu Dhabi will get housing loans totaling 1.6 billion, while a total amount of Dhs788 million will be issued in loans to 394 beneficiaries in Al Ain. Some 297 citizens in the Western Region will receive housing loans of Dhs594 million in total.The step is part of the housing loans scheme announced by the Executive Council last June, which allocated Dhs7 billion towards housing loans for nationals.In 2008, Sheikh Khalifa issued, in his capacity as Ruler of Abu Dhabi, law No. 9 for 2008 on restructuring the private housing loans for citizens in the Emirate.Article 17 of the law raised the interest-free housing loan’s borrowing limit Dhs1.2 million to 2 million, to be repaid in 30 years.The beneficiary gets an exemption equal to 22 per cent of the total loan amount when the house construction is completed. From / Gulf Today

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dhs3b housing loans for citizens Arab Today, arab today dhs3b housing loans for citizens

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dhs3b housing loans for citizens Arab Today, arab today dhs3b housing loans for citizens

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday