Al-Marsad Newspaper – SPA: The Real Estate Development Fund and Al-Rajhi Bank signed an agreement to finance the updated housing support program packages, in the presence of His Excellency the Minister of Municipal, Rural Affairs and Housing, Chairman of the Board of Directors of the Real Estate Development Fund, Majid bin Abdullah Al-Hogail.
The CEO of the Real Estate Development Fund, Mansour bin Madi, explained that the agreement comes within the strategic partnership between the real estate fund and the financing agencies, with the aim of diversifying housing support options with more solutions and advantages, serving “sakani” beneficiaries in a manner commensurate with their different financing capabilities and their need to own adequate housing within various solutions and advantages. Pointing out that the program allows beneficiaries to obtain immediate, non-refundable support of up to 150,000 riyals on housing support products.
2023-08-31 09:56:08
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