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Real Estate Development Fund Approves Loans Amounting to SR 6 Billion
Al Published in Saudi Press Agency on 06 - 03 - 2011

Akhir 01, 1432, March 6, 2011, SPA-- In implementation of the directives of the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz Al Saud, the Real Estate Development Fund has approved the first tranche of loans amounting to SR 6 billion for citizens benefitting from the King's support for the Fund.
In a statement to the Saudi Press Agency (SPA), the Fund's Acting Director General Eng. Hassan Bin Mohammed Al-Attas pointed out that the batch included the provision of 20, 000 loans for building 24, 000 housing units for citizens in various provinces of the Kingdom of Saudi Arabia.

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