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Shoura Council wants ceiling on housing loans increased

Posted on 15 February 2011

From Arabnews.com: The Shoura Council recommended on Monday that housing loans offered by the Real Estate Development Fund (REDF) be increased from the present ceiling of SR300,000 in view of the rising cost of construction and land prices.
In a session presided over by Chairman Abdullah Al-Asheikh, the council made the recommendation after the finance committee presented its findings on the REDF’s annual report for the fiscal year 2009/2010……………………………………….Full Article: Source

 
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