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Saudi to invest SR1.3trn in housing sector

Posted on 05 December 2012

Saudi Arabia is expected to pump nearly SR1.3 trillion (Dh1.28 trillion) into projects to build new houses for its people to meet a steady growth in the population in the next eight years, the Gulf Kingdom’s largest bank said on Monday.
From around 28 million at the end of 2011, the country’s population is projected to reach nearly 37 million in 2020, National Commercial Bank (NCB) said………………………………………..Full Article: Source


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