Al-Mahdi Launches Housing Project

RIYADH, 19 September 2005 — Hassan Al-Mahdi, owner and executive president of Al-Mahdi group, announced the launch of new national housing project, Riyadh newspaper reported. The national project aims at providing housing units for easy monthly payment, SR2,500 a month, and could stretch to 20 years. Al-Mahdi said that his group is giving the final touches to launch the project.