{"id":59945,"date":"2023-10-12T15:14:11","date_gmt":"2023-10-12T12:14:11","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=59945"},"modified":"2023-10-12T15:14:11","modified_gmt":"2023-10-12T12:14:11","slug":"%d8%a7%d9%84%d8%ad%d9%82%d9%8a%d9%84-%d9%8a%d8%b7%d9%84%d8%b9-%d8%b9%d9%84%d9%89-%d8%a7%d9%84%d8%ae%d8%b7%d8%b7-%d8%a7%d9%84%d9%85%d8%b3%d8%aa%d9%82%d8%a8%d9%84%d9%8a%d8%a9-%d9%84%d8%b4%d8%b1%d9%83","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/59945\/","title":{"rendered":"Al-Haqil Reviews \u201cDamanat\u201d Company\u2019s Future Plans\u2026 and Launches Its Website"},"content":{"rendered":"<p>His Excellency the Minister of Municipal and Rural Affairs and Housing, Chairman of the Board of Directors of the Real Estate Development Fund, was briefed <strong><a href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%A7%D9%84%D8%AD%D9%82%D9%8A%D9%84\">Majid bin Abdullah Al-Hogail<\/a><\/strong>, yesterday, on the strategic direction <strong><a href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%B6%D9%85%D8%A7%D9%86%D8%A7%D8%AA\">For the Saudi Housing Guarantee Company \u201cDamanat\u201d<\/a><\/strong>, which aims to support the real estate finance and development sector, in line with the objectives of the Housing Program\u2014one of the programs under the Kingdom\u2019s Vision 2030\u2014to facilitate beneficiaries\u2019 journey toward owning suitable housing.<\/p>\n<p>His Excellency inaugurated the project at the Ministry\u2019s headquarters in Riyadh, in the presence of the Chairman of the Board of Directors of \u201c<strong><a href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%B6%D9%85%D8%A7%D9%86%D8%A7%D8%AA\">Guarantees<\/a><\/strong>\u201dMansour bin Madi, CEO of the Real Estate Development Fund, the company\u2019s website, which provides a range of information to stakeholders in the real estate finance and development sectors.\u201d.<\/p>\n<h3>Developing Innovative Products<\/h3>\n<p>Hossam Radwan, CEO of the Saudi Housing Guarantee Company \u201cDamanat,\u201d outlined the company\u2019s strategic direction in developing innovative products to stimulate the mortgage sector in the Kingdom, thereby supporting the needs and requirements of target segments seeking home ownership in partnership with the housing system and financing institutions.<\/p>\n<p>Radwan explained that \u201cDaman\u201d aims to enhance the efficiency of the Kingdom\u2019s real estate finance and development sector through its supportive financing products in partnership with financial institutions, which will create a secondary mortgage market. He noted that \u201cDamanat\u201d is in the process of forming strategic partnerships with financial institutions in the coming period to launch a number of products that support the real estate development and financing sector.<\/p>\n<p>It is worth noting that<strong><a href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%B4%D8%B1%D9%83%D8%A9+%D8%B6%D9%85%D8%A7%D9%86%D8%A7%D8%AA\"> Saudi Housing Guarantee Corporation<\/a><\/strong> \u201cDaman,\u201d which was established with a capital of 18 billion riyals, is wholly owned by the Real Estate Development Fund and licensed by the Saudi Central Bank (SAMA), It is considered one of the key drivers of the finance and real estate sector, partnering with financial institutions to issue financing guarantees and facilitate citizens\u201c journey toward owning suitable housing.<\/p>","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\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing and Chairman of the Board of Directors of the Real Estate Development Fund, reviewed yesterday the strategic direction of the Saudi Housing Guarantee Company \u201cDamanat,\u201d which aims to support the real estate financing and development sector, in line with the objectives of the Housing Program\u2014one of the programs under the Kingdom\u2019s Vision 2030\u2014to facilitate beneficiaries\u2019 journey toward owning suitable housing. His Excellency also launched \u2026 <a title=\"Al-Haqil Reviews \u201cDamanat\u201d Company\u2019s Future Plans\u2026 and Launches Its Website\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/59945\/\" aria-label=\"Read more about Al-Haqil reviewing \u201cDamanat\u201d\u2019s future plans\u2026 and launching its website\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":59947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[121],"tags":[],"class_list":["post-59945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-design-architecture"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak 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