The executive council of Abu Dhabi last Wednesday approved funds worth AED15.8 billion or USD4.3 billion set for infrastructure and social development projects. The council is headed by Sheikh Mohamed bin Zayed Al Nahyan and Crown Prince of Abu Dhabi had agreed to earmark AED3.1 billion worth of payments for housing loans for more than 1.500 individuals.

The loan facility would benefit nearly 689 beneficiaries from Abu Dhabi while 756 from the Eastern Region as well as 109 beneficiaries from the Western region. This was confirmed through a report of news agency WAM.

The council had also allocated AED4.3 billion for the expansion for Al Ain New Hospital by building a 719 bed building hospital featuring wards for VIP patients as well as royal suites. The investment would also include 104 advanced specialized clinics, 17 units for Xray, MRI and CT Scan technologies while 22 units were allotted for endoscopic diagnosis.

The council had told the Abu Dhabi Health Services Company or SEHA to agree to a contract for a construction firm to complete the project.