Riyadh, Saudi Arabia---Saudi Arabia has deposited 891 million riyals in subsidy to the beneficiaries of a housing program, Iskan, aimed at raising the percentage of homeownership to 70 percent by 2030 under the kingdom’s Vision 2030 transformation initiatives. The subsidy for the month of November was deposited into the accounts...
Saudi real estate fund signs 58,000 housing support contracts in H1
Saudi Arabia’s Real Estate Development Fund has signed more than 58,000 financing contracts for the kingdom’s various housing support programs during the first half of 2022. Mansour bin Madi, CEO of the Real Estate Development Fund, said one of the goals of the kingdom's transformative Vision 2030 is to raise...