Saudi Arabia approves SR5bn in loans to build 12,400 homes
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Saudi Arabia approves SR5bn in loans to build 12,400 homes

Saudi Arabia approves SR5bn in loans to build 12,400 homes

Saudi Arabia's Real Estate Development Fund (REDF) has approved a new round of loans for the construction of new housing units in different parts of the kingdom, Arab News has reported. The total value of loans approved for building 12,472 homes in different cities and towns would reach SR5.19bn, said Muhammad Al-Abdani, the director general of REDF.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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