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FINANCIAL NEWS
Saudi real estate finance to increase 5 percent in Q2
10 Apr 2014
(MENAFN) Saudi real estate finance is expected to boost by 5 percent in the second quarter of the current year, reaching USD13.33 billion compared to the same period 2013, according to Arab News.
The expected growth will result from the licenses given by the Saudi Arabian Monetary Agency”s (SAMA) to a group of financial institutions for making funding projects to housing projects.
Property developers plan to create an appropriate and innovative housing environment to a selected group of customers.
More News
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