Middle East 5

MBRHE approves 300 housing loan applications

The board of directors of the Mohammed bin Rashid Housing Establishment (MBRHE) has approved 300 housing loan applications at a total value of AED 225 million during April.

Rashid Al Mutawa, acting Executive Director of MBRHE, said the Establishment adopted a strategy of approving 300 housing loans per month for entitled applicants.

Meanwhile, MBRHE signed a strategic partnership agreement with Dubai Islamic Humanitarian Foundation (DIHF), a non-profit affiliate of Dubai Islamic Bank.

Under the agreement, DIHF will provide financial aide and furnishing grants to the houses allocated by MBRHE to the needy families. /WAM/

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