{"id":28252,"date":"2020-02-08T11:45:09","date_gmt":"2020-02-08T08:45:09","guid":{"rendered":"https:\/\/www.amlak.net.sa\/?p=28252"},"modified":"2020-02-08T11:45:09","modified_gmt":"2020-02-08T08:45:09","slug":"%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%b9%d9%82%d8%a7%d8%b1%d9%8a-%d8%a7%d8%aa%d9%81%d8%a7%d9%82%d9%8a%d8%a9-%d8%ac%d8%af%d9%8a%d8%af%d8%a9-%d8%aa%d8%b9%d8%b2%d8%b2-%d8%a7%d9%84%d9%82%d8%b1%d8%b6","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/28252\/","title":{"rendered":"Real Estate Development Fund signs agreement with First Abu Dhabi Bank to introduce subsidized mortgage program"},"content":{"rendered":"<p><\/p>\n\n\n\n<p>The Real Estate Development Fund (REF) and First Abu Dhabi Bank (FAB) signed an agreement to introduce the subsidized mortgage loan program, through which the bank will provide financing solutions for the beneficiaries of the \u201cResidential\u201d program from the Ministry of Housing and the Real Estate Fund, at the Fund's headquarters in Riyadh, in the presence of Minister of Housing and Chairman of the Board of Directors of the Real Estate Development Fund Majid bin Abdullah Al-Haqeel. The agreement was signed by the Real Estate Fund's General Supervisor, Mansour bin Madi, while the agreement was signed by First Abu Dhabi Bank, CEO of the bank's branch in the Kingdom, Laith Al-Shaiban. (Real estate financing).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>230 thousand beneficiaries of \u201cSubsidized Loan\u201d <\/strong><\/h4>\n\n\n\n<p>On this occasion, the General Supervisor of the Real Estate Development Fund\nMansoor Bin Madi, explained that within the framework of the partnership between the Real Estate Fund and\nbanks and accredited financing institutions, this agreement comes with Abu Dhabi Bank, with the aim of providing\nfinancing services within the subsidized mortgage loan program, based on the keenness of the\nto diversify financing and housing options from licensed entities in the Kingdom.\nWe welcome the cooperation between the Real Estate Fund and First Abu Dhabi Bank.<\/p>\n\n\n\n<p>Bin Madi emphasized that the partnership model with financial institutions has resulted in\nMore than 230,000 beneficiaries benefited from the \u201csubsidized loan\u201d until the end of January\nHe explained that the subsidized mortgage program includes many solutions\nfinancing and housing solutions, including buying a ready-made housing unit from the market, buying a housing unit under construction\nin addition to self-building, mortgaging the property and converting the existing loan into a subsidized one.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Strengthening the Bank's role in the Kingdom<\/strong><\/h4>\n\n\n\n<p>For his part, the CEO of First Abu Dhabi Bank, Laith Al Shaiban, said that the bank is keen to have an active role during this stage in which the housing and finance sector in the Kingdom is witnessing a historic shift and a great movement; pointing out that signing this agreement aimed at facilitating access to housing for citizens is part of its contributions and its developmental role, in order to seek to achieve the Kingdom's vision 2030. FAB had launched its banking operations in Saudi Arabia in May 2019 by opening its branch in Riyadh, and later strengthened its presence in the Kingdom in the same year by opening two additional branches in Khobar and Jeddah.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Selected real estate news links from<a href=\"https:\/\/amlak.net.sa\/en\/?wpdmdl=28141\"> News Issue 189:<\/a><\/h4>\n\n\n\n<h4 class=\"wp-block-heading\">Real Estate News - Real Estate Finance - VAT <a href=\"https:\/\/amlak.net.sa\/en\/home\/%d8%a5%d9%84%d8%ba%d8%a7%d8%a1-%d8%a7%d9%84%d8%a7%d8%ae%d8%aa%d8%b5%d8%a7%d8%b5-%d8%a7%d9%84%d9%85%d9%83%d8%a7%d9%86%d9%8a-%d8%a7%d9%84%d8%ae%d8%a7%d8%b5-%d8%a8%d9%80-%d8%a5%d9%81%d8%b1%d8%a7%d8%ba\/\">real estate<\/a> - Real Estate News - VAT - Real Estate Finance <\/h4>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28007\">Wakeelik Real Estate Auctions Dawas Market on Sunday, February 2 in Makkah<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28014\">SAGIA finalizes 150 international agreements in 2019 1130 new foreign companies enter the Saudi market<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28031\">Minister of Rural Municipal Affairs directs to review the naming of streets and cities in Qassim<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28034\">Minister of Justice directs courts to seek permission from the Supreme Court when requesting ownership of vacant land<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28040\">Minister of Rural and Municipal Affairs issues a decision to form the steering committee for the implementation and development of the \u201cIjada\u201d program\u201d<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28045\">King Abdullah Economic City signs partnership agreement with Ministry of Housing<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28054\">Prince Faisal bin Bandar inaugurates the Riyadh Economic Forum and emphasizes the role of businessmen in driving the economy<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28057\">Saudi Financial Lease Registration Company (Sajeel) launches its services and completes 140,000 financing contracts<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28068\">Tripartite agreement to recycle 81% of municipal waste in the Eastern Province<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28065\">National Observatory report confirms 98% of private sector companies are small businesses<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28060\">Riyadh Economic Forum calls for stimulating the private sector and rationalizing government spending<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28073\">Real Estate Contributions Committee sets mid-February deadline for Garden City shareholders\u201c review of Arab Bank<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28078\">\u201cTasfeeha\u201d Real Estate Contributions Committee sets mid-March deadline for Qatif Beach shareholders to review Arab Bank's website<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"> Real Estate Financing <\/h4>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28084\">Inventory of Jeddah's historic properties begins to develop them into a tourist and cultural destination<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28087\">Housing Minister honors NBE as a partner in one year of achieving Watan's vision<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28090\">During the Ministry of Housing Forum. Al Rajhi Bank awarded as the best real estate financier<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28093\">\u201cSaudi Real Estate Refinance Company buys SAR 250 million real estate portfolio from Bank Al Jazira<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28096\">Riyadh Economic Forum issues recommendations through 21 initiatives covering 5 different studies<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28099\">Real Estate Wealth Company organizes a real estate auction to sell 4 vital properties in Riyadh in February<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28102\">Real Estate Contributions Committee announces the issuance of the approval of the Eastern Province land deed<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28104\">Emir of Riyadh emphasizes not inaugurating unfinished projects<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28107\">\u201cArqaam Capital raises its price target for Saudi Reinsurance to SAR 11<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28110\">Second Engineering Conference and Exhibition adopts 108 scientific papers in 9 tracks<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28113\">Riyad Bank profits rise to 5.8 billion in fiscal 2019<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28117\">Saudi Accountants Forum launches its activities and launches the Kingdom's Accounting Concepts and Standards Manual<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28120\">The Ministry of Justice completes its readiness to deal with the electronic real estate deed during the first quarter of 2020<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28122\">Al Ahli REIT 1 selects Al Andalus Real Estate as operator of Al Andalus Mall<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28126\">Ministry of Justice directs to stop all planning and zoning work for new Tuwaiq Reserve lands<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/amlak.net.sa\/en\/?p=28130\">Ministry of Housing hands over housing units to a number of beneficiaries in Diyar Al Saad project in Riyadh<\/a><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/amlak.net.sa\/en\/?p=28134\">The Minister of Justice issues a decision to cancel the penalty of suspending e-government services for debtors<\/a><\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Real Estate Financing<\/h4>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>\u0623\u0628\u0631\u0645 \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u0648\u0628\u0646\u0643 \u0623\u0628\u0648\u0638\u0628\u064a \u0627\u0644\u0623\u0648\u0644 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0644\u0637\u0631\u062d \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0642\u0631\u0636 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0645\u062f\u0639\u0648\u0645\u060c \u064a\u0642\u062f\u0651\u0645 \u0627\u0644\u0628\u0646\u0643 \u0645\u0646 \u062e\u0644\u0627\u0644\u0647\u0627 \u0627\u0644\u062d\u0644\u0648\u0644 \u0627\u0644\u062a\u0645\u0648\u064a\u0644\u064a\u0629 \u0644\u0645\u0633\u062a\u0641\u064a\u062f\u064a \u0628\u0631\u0646\u0627\u0645\u062c &#8220;\u0633\u0643\u0646\u064a&#8221; \u0645\u0646 \u0648\u0632\u0627\u0631\u0629 \u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0648\u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u060c \u0648\u0630\u0644\u0643 \u0641\u064a \u0645\u0642\u0631 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0628\u0627\u0644\u0631\u064a\u0627\u0636\u060c \u0648\u0630\u0644\u0643 \u0628\u062d\u0636\u0648\u0631 \u0648\u0632\u064a\u0631 \u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0631\u0626\u064a\u0633 \u0645\u062c\u0644\u0633 \u0625\u062f\u0627\u0631\u0629 \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u0645\u0627\u062c\u062f \u0628\u0646 \u0639\u0628\u062f\u0627\u0644\u0644\u0647 \u0627\u0644\u062d\u0642\u064a\u0644. \u0648\u0648\u0642\u0651\u0639 \u0627\u0644\u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0645\u0646 \u062c\u0627\u0646\u0628 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0645\u0634\u0631\u0641 \u0627\u0644\u0639\u0627\u0645 \u0645\u0646\u0635\u0648\u0631 &#8230; <a title=\"Real Estate Development Fund signs agreement with First Abu Dhabi Bank to introduce subsidized mortgage program\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/28252\/\" aria-label=\"Read more about \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u064a\u0648\u0642\u0639 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0645\u0639 \u0628\u0646\u0643 \u0623\u0628\u0648\u0638\u0628\u064a \u0627\u0644\u0623\u0648\u0644 \u0644\u0637\u0631\u062d \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0642\u0631\u0636 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0645\u062f\u0639\u0648\u0645\">Read more<\/a><\/p>","protected":false},"author":10,"featured_media":28253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a .. \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u064a\u0648\u0642\u0639 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0645\u0639 \u0628\u0646\u0643 \u0623\u0628\u0648\u0638\u0628\u064a \u0627\u0644\u0623\u0648\u0644 \u0644\u0637\u0631\u062d \u0627\u0644\u0642\u0631\u0636 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0645\u062f\u0639\u0648\u0645","_seopress_titles_desc":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a .. \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u064a\u0648\u0642\u0639 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0645\u0639 \u0628\u0646\u0643 \u0623\u0628\u0648\u0638\u0628\u064a \u0627\u0644\u0623\u0648\u0644 \u0644\u0637\u0631\u062d \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0642\u0631\u0636 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0645\u062f\u0639\u0648\u0645 \u0648\u064a\u0639\u0632\u0632 \u0648\u062c\u0648\u062f\u0647 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