The Real Estate Development Fund announced that it has updated the data for 250,000 borrowers out of the 500,000 who remain under the Fund’s umbrella, completing 50% of the data update, Engineer Ayham Al-Youssef, General Supervisor of the Real Estate Development Fund, emphasized that citizens’ prompt updating of their data through the online portal increases the options for meeting borrowers’ needs and taking advantage of the mechanisms and programs the Fund is implementing both now and in the future.

Al-Youssef reiterated the Fund’s commitment to announcing a new batch of loans across all regions of the Kingdom in the middle of this month, estimated at 7,700 loans, as part of the program to announce disbursements in the middle of each Gregorian month.