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Saudi's Real Estate Development Fund provided SR32 billion ($8 billion) for citizens to buy homes

Posted on November 26, 2021   |  

  • Saudi's Real Estate Development Fund transferred SR788 million ($210 million) into the accounts of Saudi families in November, taking the total so far to SR32 billion ($8 billion) so they can buy their own homes.
  • Sakani program aims to increase Saudi homeownership to 70% by the decade's end.