HOUSING AND REAL ESTATE

Saudi Government Aims for $57 Billion Growth in Mortgage Industry by 2020, Report Says

housing-real-estate
Saudi Arabia’s housing ministry has set a target for the mortgage market to reach a total value of 502 billion riyals ($134 billion) by 2020 from a current 290 billion riyals ($77.3 billion), according to a report in Reuters which cited the Kingdom's minister of housing Majed al-Hogail.

Saudi Arabia

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Saudi Arabia wants mortgage market to grow to $134 billion by 2020

Saudi Arabia’s housing ministry has set a target for the mortgage market to reach a total value of 502 billion riyals ($134 billion) by 2020...

 

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