Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Baha citizens get SR 2.9 bn housing loan  Join our daily free Newsletter

MENAFN - Arab News - 03/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Arab News) The Real Estate Development Fund (REDF) issued housing loans worth SR 2.9 billion to the citizens of Baha Region resulting in the construction of 12,204 new homes.

Khalid bin Siraj Al-Zahrani, manager of the REDF branch in the region, said 10,197 people living in the area benefited from the loans.

He said the REDF has contributed enormously to the expansion of towns and communities and the creation of modern and healthy housing units in the region.

He emphasized the fact that REDF will continue issuing loans to citizens who are on the waiting list.

The REDF director general recently approved housing loans for the 2012-13 fiscal year.

Loans totaling SR 5.3 billion are allocated for the construction of 12,830 housing units in provinces around the Kingdom which are covered by the REDF.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help