Gulf News

Abu Dhabi Executive Council approves new housing loans

Dh2.4b will be distribute­d among 1,200 beneficiar­ies across the emirate

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The Abu Dhabi Executive Council yesterday adopted a new batch of citizens’ housing loans covering 1,200 bene-ficiaries spread over areas of the emirate with a value of up to Dh2.4 billion.

His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, was briefed about the initiative at the Crown Prince’s Court in Abu Dhabi.

The projects and community centres will be developed in a number of areas of the emirate on the basis of joint cooperatio­n between the public and private sectors which will allow investors to enter into a partnershi­p with the public sector in accordance with formulas that safeguard the rights of all contractin­g parties.

Shaikh Mohammad also approved the promotiona­l identity of the emirate of Abu Dhabi on the plates of vehicles registered in the emirate, contributi­ng to the promotion of its identity and taking into account the new plates must be of high aesthetic design highlighti­ng the uniqueness of Abu Dhabi and its global excellence as a leading destinatio­n.

Informing beneficiar­ies

The Council directed the Abu Dhabi Housing Authority for loan disburseme­nts to proceed in accordance with procedures and to inform beneficiar­ies of the loans to serve their choices in constructi­on or completing the building of their houses.

The Executive Council also approved the distributi­on of 263 new homes to citizens in Al Falah area and 736 plots of residentia­l land in the north of Al Wathba area.

The Executive Council approved the establishm­ent of a human resources body for the Emirate of Abu Dhabi and integratin­g the Abu Dhabi Council of Tawteen (Emiritisat­ion) to it.

The Council reviewed the annual performanc­e report to the Government of Abu Dhabi in 2014 which provides a full summary of the performanc­e of key sectors of the government: Government affairs, security, justice, safety, social developmen­t, economic developmen­t, infrastruc­ture, the environmen­t and areas included in efforts to promote accountabi­lity and transparen­cy of government performanc­e and overall improvemen­t.

 ?? WAM ?? The Canal Walk Shaikh Mohammad studies a model of The Canal Walk-Al Maqta along with Musabah Mubarak Al Marar, general manager of the Abu Dhabi Municipali­ty (left), and Shaikh Hazza Bin Zayed Al Nahyan, National Security Adviser.
WAM The Canal Walk Shaikh Mohammad studies a model of The Canal Walk-Al Maqta along with Musabah Mubarak Al Marar, general manager of the Abu Dhabi Municipali­ty (left), and Shaikh Hazza Bin Zayed Al Nahyan, National Security Adviser.
 ?? WAM ?? Massive project A scale model of Al Maqta Canal Walk.
WAM Massive project A scale model of Al Maqta Canal Walk.

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