Month: December 2019

Reading time: 3 MinutesTomorrow, Monday, December 16, 2019, the Ministry of Housing will begin implementing its new initiative to support Ministry of Education employees with interest-free loans of up to 85,000 riyals, as part of a series of initiatives aimed at providing suitable housing for eligible beneficiaries of housing support who apply through its portal. (Mortgage Financing). The support covers Ministry of Education employees between the ages of 40 and 44, with an amount of … Read more

Reading time: 4 MinutesReal estate market experts agree that there is no such thing as a failed real estate investment. Their argument is that the need for housing and office space is not a recent phenomenon, nor is it limited to a specific time period; rather, it is a constant need, However, the level of demand for real estate varies from time to time depending on various factors and other supporting reasons, the most notable of which are … Read more

Reading time: 4 MinutesUnder the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, the 2019 Qatif Investment Forum will be held on Monday, December 23, 2019, at the Prince Faisal bin Fahd Convention Center, in Saihat, with the participation of Saudi Aramco, the Saudi Basic Industries Corporation (SABIC), and the General Entertainment Authority. (Real Estate Financing) The forum will feature two sessions addressing two main themes, discussing … Read more

Reading time: 4 MinutesThe Ministry of Housing achieved numerous and varied accomplishments in 2019. According to the ministry’s statistics, 106,000 families actually moved into their homes this year, while 165,000 families received support and financing through mortgage loans,  and 90,000 families received free land. This was announced by Housing Minister Majid bin Abdullah Al-Hogail on Tuesday, the day before yesterday, during the «2020 Budget Forum,» which … Read more