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FinancialNews


  • 26-02-19

    UAE to launch USD8.7b housing projects

    (MENAFN) The United Arab Emirates (UAE) unveiled a project to construct a great number of housing units across the GCC state.

    UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum announced the project on Monday.

    Several housing projects will be launched with USD8.7 billion of investments, the UAE prime minister confirmed in an online statement.

    According to Al Maktoum, the projects consist of up to 34,000 housing units over a period of six years with an aim to benefit citizens.

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