The Shoura (Consultative) Council on Sunday increased the real estate loan limit to SR500,000. It also increased the Development Fund's capital. At its 33rd session, presided over by its Vice Chairman Dr. Bandar Bin Mohammed Hajjar, the Shoura Council reviewed the annual report of the Development Fund and approved that all citizens must receive the same amount of loans in all parts of the Kingdom. At the outset of the session, Dr. Hajjar lauded King Abdullah's achievements on the occasion of the 4th anniversary of pledge of allegiance. The Council members also expressed their happiness at the occasion hailing the King's development efforts including reforms in the judicial system, Allegiance-Pledge Commission among many other things, Dr. Mohammed Al-Ghamdi, Secretary of Shoura Council, said. Al Ghamdi added that the council also approved the memorandum of understanding draft between the Ministry of Communication and Information Technology and its Tunisian counterpart.
