The Minister of Housing and Chairman of Board of Directors of Real Estate Development Fund, Dr. Shuwaish bin Saud Al-Dhuwaihi, has approved the third tranche amounting to more than SR 5 billion for residential loans. The Fund's Director General Mohammed bin Ali Al-Abdani pointed out that the amount will be provided to 10,015 loans for building 12,018 housing units in various regions of the Kingdom of Saudi Arabia.