FINANCIAL NEWS

Saudi Arabia to hand up to 120.000 housing units

17 Feb 2017

(MENAFN) The Saudi government is ready to hand more than 120.000 residential units to its citizens across the kingdom under a housing program named ‘Sakani.’

Moreover, this is part of the whole 280.000 housing units and financial assistance to be allocated by the ministry.

Accordingly, the first batch of the ‘Sakani’ program involves 15.653 housing units and financial assistance.

Additionally, these include 2.937 housing units, 5.016 housing plots and fiscal support for 7.700 through the Real Estate Development Fund (RDF).

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MENAFN1702201700450000ID1095252053

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