21 Hrs
الاقتصادية
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الاقتصادية

2026-11-12T18:55:20.004Z

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Saudi Finance Hits $260B

Saudi Finance Hits $260B

Saudi Minister of Municipalities and Housing Majid Al-Hogail said the Kingdom’s mortgage finance market is worth around $260 billion, while refinancing transactions total $18.7 billion. The Saudi Real Estate Refinance Company aims to exceed $40 billion by 2030 by broadening its funding sources and attracting investors. Al-Hogail noted that developing long-term products and strengthening guarantee, securitization and data tools would support liquidity and risk management in the market.

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