RIYADH: The Jood Eskan charity campaign inaugurated by King Salman at the beginning of Ramadan, has surpassed its goal of raising SR1.5 billion (almost $400 million) during the holy month to provide housing for families in need. King Salman and Crown Prince Mohammed bin Salman launched the campaign with a generous donation of SR150 million. Minister of Municipal and Rural
Saudi National Developmental Housing Corporation (Sakan) said it has secured over SR1 billion ($266 million) through its IPO-style campaign within 13 days of the launch. The Jood Eskan charity will help provide residences to 3,500 needy Saudi families.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Saudi Real Estate Refinance Company (SRC), a unit of the kingdom s sovereign wealth fund PIF, has signed an agreement with Alrajhi, the world’s largest Islamic bank by mortgage assets, to refinance over SR5 billion ($1.3 billion) real estate financing por