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Majid Al Hogail

Majid Al Hogail latest

The real estate finance sector in the kingdom will play a significant role in increasing the ownership rate, reaching 70 per cent by 2030. (Shutterstock)
March 8th, 2019 - 05:30 GMT

Saudi Arabia Eyes Over $21 Billion Worth of Investments in Mortgage Finance

Saudi Arabia is likely to see investments in the mortgage financing sector balloon up to SR80 billion ($21.3 billion) by the year-end, which will facilitate ownership, benefiting from the available financing facilities for citizens, reported SPA, citing the country's housing minister.
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