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

Saudi REDF grants 3,000 plots in Hail  Join our daily free Newsletter

MENAFN - 18/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The Saudi Real Estate Development Fund's (REDF) director, Fawaz Al-Shamri, stated that the fund has dispensed 3,000 land plots in Hail to the province's citizens, reported Arab News.

Al-Shamri said that the move, which was carried out in cooperation with the Ministry of Municipal and Rural Affairs, comes as part of efforts to alleviate the lack of housing units in the country.

He added that citizens that receive land plots are those whose names appeared on a list of people selected for REDF's housing loans.

The director noted that the grant removed the obstacle for several citizens who couldn't have been able to build their own homes after receiving REDF loans worth USD133,153, stressing that the deal is finalized only after gaining the approval of the municipal authorities who make sure that the recipient hasn't been granted a land plot before.

 






  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