The first session of the second day of the <a style="color: #993300;" href="https://www.therff.The Future of Real Estate Forum in its second edition, entitled "The role of financial institutions in supporting the real estate and housing sector“, with the participation of the CEO of Real Estate Development Fund, Mansour Bin Madhi, Senior Head of Retail Banking at Riyad Bank, Walid Al-Dhabib, CEO of Saudi Mortgage Refinance Company Fabrice Sosini, Founder and CEO of Capital Market Platform Ambreen Moussa, and Deloitte Corporate Finance Consultant Robin Petris.
Mansour Bin Madhi, CEO of Riyad Bank, said. <Bin Madi explained during his participation that <a style="color: #993300;" href="https://portal.redf.gov.sa/ar/Pages/default.The Real Estate Development Fund has partnered with more than 17 financial institutions to promote value creation in real estate market in the Kingdom, addressing the mechanism of providing housing and real estate financing to citizens.
He explained that the role of the private sector has become more effective in providing financing and real estate support to citizens, pointing to the sustainability of the financing market and support programs by signing more than 150 strategic agreements with the private sector, which contributes to providing many solutions in housing and real estate financing.
Participants discussed the importance of providing housing and real estate financing to citizens. The participants discussed the importance of supporting investment in the real estate sector, financing operations through direct loans, involving the private sector in the process of supporting citizens, and the sustainability of the financing market for the real estate sector, touching on innovative solutions to the financing process in housing projects, as well as reviewing successful stories and models in the real estate sector in the Kingdom.
Participants discussed the importance of supporting investment in the real estate sector. The participants highlighted ways to attract foreign investors in housing projects in the Kingdom to contribute to the ownership of citizens, the provision of financing resources at the government level in the capital market and the sustainability of support operations for the real estate sector through it, the role of the Kingdom's government in the process of financing developers to build houses and the impact of the interest rate on the demand for citizens to own their homes.
Participants highlighted the methods of attracting foreign investors in housing projects in the Kingdom to contribute to the ownership of citizens.
