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Saudi Arabia: Real Estate Development Fund approve new loans

The Real Estate Development Fund has recently approved SR 1.1 billion worth of new real estate ... of the Fund, estimates these loans to finance the construction of 4,900 housing units. The Real Estate Development Fund, established in 1974, was set up to meet the needs and aspirations of the Kingdom's ...

15/08/2010 - 10:29 - comment 0

Saudi King directs money for housing, boosts Real-Estate Development Fund capital

New Saudi King Abdullah ordered Monday a series of measures aimed at improving living conditions, including the allocation of of almost $22 billion on housing, health and education projects as well as raising the capital of development funds. The capital of the state Real-Estate Development Fund was also ...

15/08/2010 - 10:50 - comment 0

Huge expectations from Saudi Real Estate Development Fund

Saudi citizens have huge aspirations from the Real Estate Development Fund after the SR9 billion support that the fund has recently obtained. The sum ... Estate Development Fund after the SR9 billion support that the fund has recently obtained. The sum ...

15/08/2010 - 11:26 - comment 0

Saudi Real Estate Development Fund to get US$2.4 billion

Saudi Arabia plans to spend some US$8 billion over the next five years on road, electricity, water and sewage projects and US$2.4 billion will be given to the Saudi Real Estate Development Fund to provide soft housing loans to Saudi citizens.   It should be noted that all in all US$10.9 ...

15/08/2010 - 11:27 - comment 0

Real Estate Development Fund to access borrowers' accounts

The Real Estate Development Fund (REDF) has begun ... on repayments of their loans, resulting i The Real Estate Development Fund (REDF) has ... they had to visit any branch of the Saudi commercial bank and credit the amount in the Fund’s bank account, ...

15/08/2010 - 09:41 - comment 0

NCB Capital real estate fund raises SR 280 million

placement that has raised SR 280 million invested in the NCB Capital Real Estate Development Fund ... concluded its private placement that has raised SR 280 million invested in the NCB Capital Real Estate Development Fund, a closed fund that invests in the development of residential villas in the north of Riyadh. ...

Press Release - 20/02/2012 - 07:41 - comment 0

Mubadala and Pramerica Real Estate Investors Partner to Launch New Real Estate Investment Management Joint Venture in Abu Dhabi

capital from investors to fund and invest in real estate projects in Abu Dhabi and other global markets. ... Initially, the company’s strategy will be to create investment opportunities to fund real estate projects ... ) (Construction & Real Estate, UAE) Mubadala Development ...

16/08/2010 - 11:11 - comment 1

GCC Real Estate Fund concludes its First Real Estate Acquisition in the State of Kuwait

units in the GCC countries which signifies strong returns, he concluded. The GCC Real Estate Fund ... with Sharia’a Compliant Principles. The fund aims to take advantage of the current boom in the real estate ... Estate Fund management strategy. Mr. Sameer A. Al-Gharaballi, Executive Vice President at Global said ...

18/05/2010 - 12:44 - comment 0

GCC Real Estate Fund concludes its First Real Estate Acquisition in Kuwait

in Hadiya area in the State of Kuwait, as part of its GCC Real Estate Fund management strategy. Mr. ... is a joint venture with the Fund Advisor, Alargan Int’l Real Estate Company, adding that the total value ... returns, he concluded. The GCC Real Estate Fund was launched in April 2005 with the objective ...

15/08/2010 - 10:16 - comment 0

Al-Gharaballi: GCC Real Estate Fund concludes its Second Real Estate Acquisition in Oman

the Sultanate of Oman, as part of its GCC Real Estate Fund Global Investment House ... of Muscat, the Sultanate of Oman, as part of its GCC Real Estate Fund management strategy. Mr. Sameer A. ... with the Fund Advisor, Alargan Int’l Real Estate Company. The total value of the investment is USD16.8 million, ...

15/08/2010 - 09:50 - comment 0