The Shura Council discussed in the session held yesterday, Monday, the annual report of the Real Estate Development Fund for the fiscal year 1444/1445 AH, after listening to a report submitted by the Hajj, Housing and Services Committee, read by Council member Dr. Attia Al-Atawi, Chairman of the Committee, on what the annual report of the Real Estate Development Fund included.

Following the presentation of the committee's report for discussion, members of the Council expressed a number of observations and opinions regarding what was included in the annual report of the Real Estate Development Fund.

<After presenting the committee's report for discussion, the members of the Council expressed a number of observations and opinions on the contents of the annual report of the Real Estate Development Fund, where Shura Council member Dr. Turki Al-Enezi called on the Real Estate Development Fund
In coordination with government agencies that provide dedicated housing for their employees, and study the creation of housing programs similar to the home ownership program at Aramco.

In turn, a member of the Shura Council suggested that the Real Estate Development Fund For his part, Shura Council member Dr. Asim Madkhali suggested studying the development of social responsibility incentives to encourage the expansion of financing products for low-income retirees to support their ownership of housing.

Member of the Shura Council Dr. Asim Madkhali suggested studying the development of incentives for social responsibility to encourage the expansion of financing products for low-income retirees. For his part, Shura Council member Dr. Saleh Al-Shamrani called on the Fund to use correct scientific forecasting methods such as artificial intelligence techniques and algorithms and analysis of past, historical and current real estate data, to know what the expected figures will be, and the best products for financing, to foresee the future with high accuracy in the real estate market.

<In his intervention, Shura Council member Engineer Ibrahim Al Daghreer Real Estate Development Fund to work with the relevant authorities to study reducing the prices of housing products and the profit margin for real estate financing.
At the end of the discussion, the committee asked for more time to study the opinions and suggestions raised by the members and return to the Council at a later session.

At the end of the discussion, the committee asked for more time to study the opinions and suggestions raised by the members and return with its viewpoint to the Council at a later session.