Thursday 18 September 2014
 
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mortgage law

Saudis are top GCC investors in Dubai property

Saudi Arabians were the leading GCC investors in property in Dubai, UAE, in the first half of 2014 with investments worth Dh3.4 billion ($925.5 million), according to a report from global property consultancy Frank Knight. They were fol

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‘Limited impact on housing’ from Saudi mortgage law

Saudi Arabia’s housing market will see a limited impact in the short term from a mortgage law passed in 2012 as the focus of the law is on demand, not supply, a report said. A long-awaited mortgage law approved enforced by S

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New Saudi mortgage law ‘positive, impact in long-term’

The partial regulations for the Saudi Mortgage Law published by the Saudi Arabian Monetary Agency (Sama) are positive and will impact the banking sector in the medium to long term, said a report released by NCB Capital. “The

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Cityscape Riyadh focus on new mortgage law

Saudi Arabia’s new mortgage law, highlighting real estate financing, leasing and supervision of financial companies, will be a key topic at the upcoming Riyadh Urban Development and Real Estate Investment Event - Cityscape Riyadh.

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Cityscape Riyadh focus on new mortgage law

Saudi Arabia’s new mortgage law, highlighting real estate financing, leasing and supervision of financial companies, will be a key topic at the upcoming Riyadh Urban Development and Real Estate Investment Event - Cityscape Riyadh.

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Saudi housing: Will the new law help?

  In early August, Saudi Arabia’s Public Pensions Agency (PPA) launched a new housing project in Jeddah. Construction work on the 1,180 villas and 6,160 apartments should begin before the end of the year and the scheme will

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Saudi residential rents surge in H1

The apartment rental rates in the Saudi cities of Riyadh and Jeddah rose strongly during the first half mainly due to massive demand for low and middle-income housing among both Saudi nationals and expatriates, according to a report.

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Saudi mortgage law to boost home loan market

Saudi Arabia's new mortgage law should make home loans a larger part in bank lending portfolios and also tackle the controversial question of default, Rehan Khan, chief financial officer at Saudi British Bank (SABB), said on Wednesday.

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Saudi Arabia approves mortgage draft law

Saudi Arabia has approved a draft law allowing mortgages to be sold in the kingdom, the state news agency said on Monday. 'It should help address one of the critical social issues in the kingdom - housing,' James Reeve, senior econ

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New mortgage law ‘to spur Saudi real estate’

The proposed revision of mortgage lending in Saudi Arabia is expected to spark renewed interest in the residential sector, according to an expert. “If the proposed revisions to mortgage lending take hold, the impact on the residential

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