UAE: Sheikh Mohammed approves $1.7bn projectsby Neha Bhatia on Mar 1, 2016
Vice President and Prime Minister of the UAE, and Ruler of Dubai, HH Sheikh Mohammed Bin Rashid Al Maktoum, approved projects worth over $1.7bn (AED6.5bn) in the UAE.
Approved developments include Sheikh Zayed Housing Programme's plan to provide housing assistance worth $1.3bn (AED5bn) to Emiratis within the next five years.
Furthermore, 17 projects, worth $408.3m (AED1.5bn), were approved for implementation by the UAE's Ministry of Infrastructure in 2016 and 2017.
Sheikh Mohammed also inspected 12 residential complexes, due to be developed by the ministry.
The Ruler endorsed the Emirates Ring Road extension project to Ras Al Khaimah, and ordered the establishment of a sports complex in the Emirate.
These announcements were made on the sidelines of the Ruler's visit to the UAE's Eastern Zone, where he visited a youth sports complex in Fujairah, with Dr Abdullah Bin Mohammed Belhaif Al Nuaimi, the country's minister of infrastructure development.