May 17, 2024

SAUDI ARABIA – Saudi Arabia completes regulations for 3 of 5 new mortgage laws

March 2013

SAUDI Arabia issued final regulations on real estate financing, leasing and the supervision of financial companies as the kingdom tries to ease a housing shortage by opening up its mortgage market and enacting the first home-loans law, says Bloomberg’s report. The regulations outlining three of the five laws that make up the package of changes were posted yesterday on the...

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