Saudi investors have entered the largest real estate finance company with the participation of Egyptian banks and companies with a capital of up to 2 billion riyals.

<The Egyptian Construction and Housing Bank announced the completion of a study to establish a real estate finance company in partnership with Saudi investors, and is awaiting the activation of the Saudi real estate finance law to launch the new company.
Managing Director and Chairman of the Board of Directors of the Housing and Development Bank Fathi Al-Sebai said that the bank is in the process of expanding in Arab partnerships starting from the Kingdom as it is witnessing a great boom in the real estate market currently in terms of the volume of investment and completion, driven by several catalysts, led by the demand for housing units as well as the large facilities granted to investors, especially in real estate investments.

The Saudi market needs more than one million people to invest in real estate investments. The Saudi market needs more than one trillion riyals to be invested to cover the need for high demand, especially in the Riyadh and Jeddah regions.