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Saudi Minister of Housing Majid Al-Hogail stressed the importance of the housing sector to Saudi Arabia’s gross domestic product. The Saudi housing program contributed $31.7 billion to the GDP, he said, while real estate financing exceeded $194 million in the first quarter of 2023. Al-Hogail’s remarks came during his participation in the fourth edition of the Saudi Housing Finance Conference, which is hosted by Euromoney Conferences in Riyadh.
RIYADH: Bankers, policy officials, and financial regulators are set to descend on Riyadh to discuss real estate funding at the fourth edition of the Saudi Housing Finance Conference. Hosted by Euromoney Conferences, the event will take place on May 24 under the theme “Opportunities and Challenges in the Housing Market,” reported the Saudi Press Agency on Wednesday.
RIYADH: King Salman and Crown Prince Mohammed bin Salman inaugurated the Charitable Jood Eskan Subscription campaign and made donations totalling $40 million, the Saudi Press Agency reported on Thursday. The campaign was launched by the Jood Eskan platform, and the monarch donated SR100 million ($27m), while the crown prince gave SR50 million ($13m) toward the provision of
RIYADH: The National Transformation Program of Saudi Vision 2030 on Monday held a forum to highlight the most important developments and efforts made by the scheme since its inception in 2016.