Register for our free newsletter

Latest News

mortgage law


Dar al-Arkan to repay all sukuk by end-2015

Dar to repay further 2.4 bln riyals debt by 2015; Does not plan to issue new sukuk this year; Expects at least 10 pct profit growth in Q3, Q4; Aims for over 10 pct growth in 2013; No impact from mortgage law this year

July 15, 2012 5:06

Historic Saudi mortgage reform faces big hurdles

Saudi Arabia is conducting one of its biggest economic reforms in years by allowing housing mortgages to be offered in the kingdom, but structural problems such as high land costs may prevent the market from booming any time soon.

July 4, 2012 10:21

Saudi Arabia approves mortgage law

Expected to fuel real estate boom in kingdom, banks to benefit; Housing one of key social issues in Saudi Arabia

July 3, 2012 10:49

Saudi to pass mortgage law soon

The law will have five parts including the terms of mortgages, how they are designed and how procedures will be enforced, says Bloomberg.

January 24, 2010 4:21