recently deposited SR863.8 million in the accounts of Sakani housing scheme beneficiaries, SR140.3 million of which was in support of subsidized mortgage contracts and SR723.5 million for recipients of the military support initiative.
Khalid Mohammed Al-Amoudi, General Supervisor and Chairman Deputy of the Board of REDF
will review the agencies work over the past 12 months and its goals for the future.
of Adverse Outcomes Cases AEDF REDF
PEDF Intrauterine deaths 3 2 1 0 Admission to NICU 7 3 0 4 Low APGAR score 9 0 0 9 AEDF: Absent End-diastolic flow; REDF
: Reversal End-diastolic flow, PEDF: Positive End-diastolic flow.
The pulsatility index (PI) of the UA was determined and any absence or REDF
in the UA was also recorded.
In another move, the minimum apartment size to qualify for a loan from the REDF
was reduced from 240 square metres to 175 square metres.
The government has, since the early 1970s, helped Saudis into their own homes with interest-free loans via the REDF
. The initiative has been tremendously successful, helping 1m Saudis into their own homes - but the REDF
has a current waiting list of around 2.7m applicants.
For our part, we have recently introduced new innovations such as the option to make deferred payments as well as applying for additional finance in collaboration with the Real Estate Development Fund (REDF
), to help make home financing easier for customers.
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Around two fifths of these loans are provided by the Saudi Arabian government's housing finance provider, the Real Estate Development Fund (REDF
), with the commercial banking sector providing most of the rest.
The Real Estate Development Fund (REDF
) was also restructured and recapitalised to target low-income households.
1.Sebastian Vettel (Redf
Bull) and Nigo Rosberg (Mercedes)
The authorities are tackling emerging housing shortages by (i) passing new mortgage legislation to increase access to housing finance; (ii) developing affordable housing by providing land and interest-free loans from the Real Estate Development Fund (REDF
), a specialised credit institution; and (iii) the proposed establishment of a real estate refinancing company controlled by the Public Investment Fund (PIF), whose portfolio is worth several billions of dollars.