Al-Ahli Bank signed a memorandum of understanding for exclusive mortgage financing, which provides an exclusive, comprehensive package and special offers for Ministry of Information employees. This took place during a signing ceremony held last week between the Ministry of Housing and the Ministry of Information, aimed at fostering joint cooperation and providing financing benefits to help Ministry of Information employees secure suitable housing.

This agreement comes within the framework of the distinguished partnership between Al-Ahli Bank and the Ministry of Housing, reflecting the bank’s ability to provide diverse financing solutions and options to keep pace with developments in the mortgage market to fulfill the aspirations of the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince to help increase the rate of homeownership among Saudis in line with the Kingdom’s Vision 2030.

For his part, Faisal Al-Saqqaf, CEO of Al-Ahli Bank, who signed the memorandum of understanding, affirmed the bank’s continued support for the real estate sector in the Kingdom and its commitment to playing an active role in financing the citizens“ diverse housing and real estate needs, noting that Al-Ahli Bank, as the largest financial institution in the Kingdom, plays a leading role in supporting national development efforts by by supporting initiatives, programs, and development plans that will contribute to achieving sustainable growth and the prosperity of the Kingdom’s economy, especially since the housing sector is one of the most important sectors to which ”Saudi Vision 2030” with the aim of increasing homeownership rates among Saudis.