Saudi Arabia fund to roll out new scheme
2012-03-11 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Arabia's Real Estate Development Fund (REDF) is set to introduce soon a new mechanism for prioritising the disbursement of real estate loans, Saudi Gazette has reported. The mechanism will help determine who deserves loans from those who applied via electronic registration last year, said the REDF. "The mechanism is being studied now in cooperation with the ministry of housing. Several criteria will be selected, most prominent of which are the applicant's age, number of family members, monthly income and other criteria that aim to grant loans to those who really deserve them," it said.  

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