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Saudi mortgage market primed for action

Posted on 29 June 2009

From Thenational.ae: It is the world’s largest oil exporter and the biggest economy in the Gulf, but only one in five of its citizens owns a home.

That is soon to change as Saudi Arabia prepares to introduce its first mortgage law, which is expected to attract lenders from across the region seeking to join the Gulf’s largest new housing market……..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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