Home Industry Finance Sheikh Zayed Housing Programme approves Dhs298.7m in aid The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades by Gulf Business March 27, 2023 The Sheikh Zayed Housing Programme, the initiative under the Ministry of Energy and Infrastructure (MoEI), has approved Dhs298.7m in housing aid. The aid was issued via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades, reported state news agency WAM. Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said: “As we welcome the holy month of Ramadan, the month of giving, the Sheikh Zayed Housing Programme continues its endeavours to enhance family stability, ensure a decent living, and improve the quality of life of UAE citizens. “The UAE’s wise leadership is deeply invested in the government housing sector as it helps build a cohesive society that can contribute to the progress of our nation.” UAE citizens must submit requests to the MoEI to seek housing loans through the housing programme. The programme prioritises orphans, widows, seniors and people of determination. Sheikh Zayed Housing Programme issues 432 decisions worth AED 299 million #WamNews https://t.co/b2mYLUyb3a pic.twitter.com/0DtosUAvQt — WAM English (@WAMNEWS_ENG) March 26, 2023 Sheikh Zayed Housing Programme to support UAE citizens Engineer Mohamed Al Mansouri, director of the Sheikh Zayed Housing Programme, said: “We have set ambitious plans to meet the growing housing needs of UAE citizens. “We work closely with our partners from the federal and local government, the private sector, and the banking sector to achieve these plans. “The programme follows in the steps of the founding father, late Sheikh Zayed bin Sultan Al Nahyan, by contributing to the social wellbeing and prosperity of the people.” The step is part of the initiatives of the UAE President Sheikh Mohamed bin Zayed Al Nahyan and follows his order to complete all housing grant applications submitted to the programme, at a total cost of around Dhs2.3bn, WAM reported. In other news, in December 2022, the UAE’s President ordered the disbursement of housing loans to 1,900 citizens in Abu Dhabi, worth a total of Dhs3bn. Read: UAE President orders disbursement of housing loans worth Dhs3bn to citizens in Abu Dhabi In July last year, Sheikh Mohamed ordered the disbursement of Dhs1.5bn worth of housing benefits to Abu Dhabi citizens. The benefit will cover more than 1,100 beneficiaries in the emirate. Additionally, the benefits package includes grants for houses, housing loans and the exemption of retirees and deceased families from paying the dues of housing loans. Also read: UAE President orders Dhs1.5bn housing benefits to Abu Dhabi citizens Tags finance housing housing loans Real Estate Sheikh Zayed Housing Programme 0 Comments You might also like How REITs are unlocking the potential of UAE real estate Arista Properties makes an inaugural entry into the UAE Dubai sets up fund to oversee government investments Getting tax-ready: Navigating compliance in Saudi Arabia, GCC