Decree issued for Mohammed bin Rashid Housing Establishment board
As part of the Decree No. (15) of 2020, HE Abdulla Al Shaibani has been picked as the chairman of the board
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has issued Decree No. (15) of 2020 setting up the board of the Mohammed bin Rashid Housing Establishment.
According to the Decree, HE Abdulla Al Shaibani has been picked as the chairman of the board, with Mohammed Abdullah Al Tawhidi as the vice chairman.
The board also features Hussain Abdullah Al Shafar, Ali Mohammed Al Mutawa, Hamdan Khalifa Al Shaer, Omer Sultan Ahmed Al Mesmar, Hind Obaid Al Marri, and the CEO of the Mohammed bin Rashid Housing Establishment.
.@HHShkMohd issues decree on Board of Mohammed bin Rashid Housing Establishment. According to the Decree, His Excellency Abdulla Abdul Rahman Al Shaibani is Chairman of the Board and Mohammed Abdullah Al Tawhidi is the Vice Chairman. #Dubai https://t.co/o9FALDevWS pic.twitter.com/K832L2WCq3— Dubai Media Office (@DXBMediaOffice) June 27, 2020
In a statement, Emirates News Agency revealed that the Decree is valid from the date of issuance and will be published in the Official Gazette.
Earlier this month, Construction Week reported that the Mohammed bin Rashid Housing Establishment’s total housing grants and loans amounted to $55m (AED202m) in Q1 2020, which accounted for 300 approvals distributed over five housing services.
This includes 212 house construction approvals; 14 prefabricated houses owned through its purchase loans; 21 prefabricated houses not owned through its purchase loans; 59 maintenance, addition, or substitution loans; and four facilitated apartment rentals.