Hot summer and thorny issues on the table of the new housing minister Abdulaziz Al-Issa

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The new Minister of Housing, H.E. Mr. Majid Al-Hogail, will receive congratulations today in his office at the Ministry of Housing on the occasion of receiving the royal trust and his appointment as Minister of Housing, and will also receive congratulations from the employees of the Ministry on the occasion of Eid Al-Fitr, and today, Wednesday, is considered an exceptional day in the corridors of the Ministry of Housing as it is the first day of Mr. Al-Hogail's work.

Observers believe that the new minister has a hot summer ahead of him and a package of thorny files whose agenda has often eluded radical solutions, which requires great effort and thought that rises to the great responsibility towards more than (1,300,000) million citizens who are eager for good news to secure adequate and affordable housing and relieve them from the flames of rents, and moving from one apartment to another in search of stability.

Observers believe that the new minister has a hot summer and a package of thorny files whose agenda has often eluded radical solutions, which requires great effort and thought that rises to the magnitude of responsibility towards more than (1,300,000) million and three hundred and thousand citizens who are anxious for good news to secure adequate and affordable housing for them.

The hot summer of July carries to the table of the Minister of Housing H.E. Mr. Majid Al-Hogail the most important and urgent files represented in the initiatives of the Real Estate Development Fund and how to find the optimal mechanisms to implement them in order to relatively relieve the stranglehold on the waiting lists, as well as real estate observers await the ministry's new plans to achieve the maximum benefit from the (accelerated loan) and (investment loan) initiatives, while banks seek to confirm their financing worthiness and are preparing for a new type of partnership with the Real Estate Fund.

According to expectations. <According to expectations, the new Minister Majid Al-Hogail will find great support and touching support from the private sector as the son of the real estate market, so they will not skimp on their suggestions and opinions about the strategic partnership that the ministry recently adopted with the private sector in order to create more housing plans and accelerate the projects approved by the ministry, and benefit from the funds and land owned by the ministry. It is also one of the hot issues that have sparked a wide debate recently (the controversy of white lands) and the imposition of fees on them, as a means of pressure on owners to enter them into the development and construction of housing on them.

Despite the complexities of these thorny files, the wise government has not and will not skimp on the ministry's policies with support, as it has allocated nearly 250 billion riyals and a huge amount of land recovered from encroachments, we wish Mr. Majid Al-Hogail success and success, because his success is a medal and crown in the heads of all real estate professionals.

We wish Mr. Majid Al-Hogail success and success, because his success is a medal and crown in the heads of all real estate professionals.