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Saudi Arabia has taken a number of measures to increase home construction and lending as it seeks to overcome one of the world’s lowest mortgage penetration rates.

Saudi Real Estate Refinance plans $2.3bn in sukuk sales

by BloombergMon 11 Mar 2019Wed 6 Oct 2021

Saudi Real Estate Refinance – the state-run equivalent of Fannie Mae and Freddie Mac in the US – will tap domestic and international debt buyers with Islamic bond

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Provided by the Ministry of Housing and the Real Estate Development Fund, Sakani aims to add more than 300,000 residential products in 2018.

Areen in Al Khobar

Saudi Arabia to build 19,000 homes as part of Sakani scheme

by Staff writerMon 19 Nov 2018Wed 6 Oct 2021

The programme for citizens will provide more than 300,000 residential products in 2018

3D printed house in Riyadh

Saudi Arabia builds its first 3D printed house

by Staff WriterWed 7 Nov 2018Wed 6 Oct 2021

Saudi Arabia’s first 3D printed housing project will be open to industry specialists for five days