Real Estate Development Fund (REDF)

The Saudi Real Estate General Authority will launch the first edition of the Real Estate Media Forum at the Riyadh International Convention and Exhibition Center on Sunday. The launch will take place in the presence of prominent media…
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Homeownership in Saudi Arabia is set to increase as the Real Estate Development Fund deposited SR963 million ($256.7 million) into the accounts of Sakani beneficiaries for March. The funds were disbursed to beneficiaries through the…
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The Saudi capital will soon be home to new offices and commercial projects thanks to the launch of the Durrat King Khalid Fund, inaugurated by Riyad Capital. Established in partnership with Saudi real estate firm Al-Ramz, the new…
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Al-Basateen district in Saudi Arabia’s Diriyah governorate is on track to receive a boost thanks to the launch of a SR1 billion ($266 million) real estate fund. Saudi asset manager SNB Capital Co., in partnership with Al-Shegrey…
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Saudi banks’ new residential mortgage lending recorded a 31.7 percent growth in August compared to July, according to the apex bank. The Saudi Central Bank, also known as SAMA, recently revealed that mortgage lending to houses,…
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