03.07.2012 - Saudi Arabia approves long-awaited mortgage law
Saudi Arabia, which is spending about $500 billion to build infrastructure and industry, has approved a draft law that will allow mortgages to be sold in the kingdom, the state news agency said on Monday. The law has been a long-awaited move to provide finance for real estate projects and is part of an overhaul of the kingdom’s home finance market.......................................Full Article: Source
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