Minister of Housing emphasizes the need to transform the Real Estate Fund into an independent financial institution to achieve its goals

Real Estate Development Fund

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<H.E. Dr. Issam bin Saad bin Saeed, Acting Minister of Housing and Chairman of the Real Estate Development Fund, directed the need to find ideas and solutions for those on the waiting lists through more cooperation with real estate developers and financial institutions in order to embody effective partnerships with the private sector that contribute to supporting the Fund's march and reducing the waiting period for the loan. During his visit to the Fund, His Excellency urged its management to develop work methods to serve citizens and facilitate their transactions. The Minister revealed the need to transform the Real Estate Development Fund into an independent financial institution in order for the Fund to achieve its future goals and become more successful in its field.

In the same vein, the Minister directed the Real Estate Development Fund to become an independent financial institution.

In the same vein, Ibn Saeed directed the speedy holding of two workshops during this week, to study the Real Estate Fund programs and proposed solutions in the past and future, including the introduction of six new solutions and nine programs to accelerate the Real Estate Fund's waiting lists.

The Director General of the Real Estate Fund praised the Minister for his efforts in this regard. The Director General of the Fund, Engineer Yousef Al-Zughaibi, appreciated this visit and the aspirations and hopes for the future of the Fund, indicating that His Excellency's words will motivate everyone to work, exertion and giving so that the Fund continues the march of construction and development in our country.