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
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
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
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