1.692 billion riyals injected into home loans fund in Saudi Arabia

The money was deposited in the Real Estate Development Fund. (SPA)
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Updated 07 January 2020

1.692 billion riyals injected into home loans fund in Saudi Arabia

  • The money was deposited in the Real Estate Development Fund

RIYADH: A total of SR1.692 million ($451 million) has been pumped into a fund aimed at helping Saudis to become homeowners.
The money was deposited in the Real Estate Development Fund (REDF) in December last year for beneficiaries of the Sakani program.
The fund’s spokesperson, Hamoud Al-Osaimi, said the monthly funding confirmed the REDF’s determined efforts to support Saudi citizens looking to own their first home.


KSRelief implements $620m of health projects in Yemen

Updated 01 June 2020

KSRelief implements $620m of health projects in Yemen

  • The projects provided assistance and relief to Yemenis in different governorates

DUBAI: The King Salman Humanitarian Aid and Relief Center has implemented 211 health projects in Yemen since 2018, state news agency SPA reported.

The projects provided assistance and relief to Yemenis in different governorates, especially areas hit by the impact of the ongoing conflict with Iran-backed Houthi militia.

KSRelief’s initiatives in Yemen have cost more than $620 million, according to the report.