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Saudi Arabia Celebrates King's 7th Anniversary of Pledge-Allegiance 2 Riyadh

Shura and be candidates to elections of municipal councils.
For the improvement of the standards of living of citizens, the King issued in 1431AH his order to increase the capital of Real Estate Development Fund by an additional amount of SR 40 billion to provide loans to citizens.
The King also issued his order to build 500,000 residential units at a cost of SR 250 billion and increased the capital of Saudi Credit and Saving Bank by an amount of SR 20 billion and to add a deposit of SR 10 billion to the Bank's capital amounting to SR 30 billion.
The King ordered to insert allowance for the increase of living by 15% into the basic salaries of employees and to pay two salaries as a bonus to all employees.
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