RIYADH — To explore the development of the non-banking real estate sector and address its obstacles, Bidaya Home Finance organized a workshop of real estate companies in the capital, recently.

This is in line with the Kingdom’s Vision 2030 that seeks to increase the percentage of homeowners and enable citizens to own their first homes.

The workshop was attended by Minister of Housing Majed Al-Hoqail. Also in attendance were Khalid Al-Amoudi, seneral supervisor of the Real Estate Development Fund; Dr. Bader Al-Otaibi, director general of supervision of finance companies at the Saudi Arabian Monetary Agency (SAMA). Several CEOs of real estate financing companies, as well as the CEO of the Saudi Real Estate Refinance Company also participated in the deliberations.