|17 January, 2020

Saudi finance Ministry, Sakani program sign housing deal

The agreement will include beneficiaries on the lists of the Ministry of Housing and the Real Estate Development Fund

Image used for illustrative purpose only. A man pushes a cart as he walks past residential buildings in Riyadh, Saudi Arabia December 21, 2015. Picture taken December 21, 2015. REUTERS/Faisal Al Nasser

Image used for illustrative purpose only. A man pushes a cart as he walks past residential buildings in Riyadh, Saudi Arabia December 21, 2015. Picture taken December 21, 2015. REUTERS/Faisal Al Nasser

REUTERS/Faisal Al Nasser

The Saudi Ministry of Finance and the government’s Sakani program have signed a cooperation deal to provide housing services for ministry beneficiaries.

The agreement will include beneficiaries on the lists of the Ministry of Housing and the Real Estate Development Fund.

The deal aims to combine the services of the finance and housing ministries along with other governmental agencies to streamline operations. The agreement provides offers for the ministry’s beneficiaries.

It also included an exemption from administrative fees through the financing agencies providing advice on Sakina housing loans at the residential exhibition inside the ministry’s headquarters.

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