Real estateUpdated Yesterday

Al-Hogail sets out Saudi housing-finance outlook at Ginnie Mae summit

The Saudi Press Agency reported that Minister of Municipalities and Housing Majed bin Abdullah Al-Hogail said at the Ginnie Mae 2026 Global Investor Summit on Financing Affordable Housing in Virginia that the Saudi Real Estate Refinance Company (SRC) is targeting more than $40 billion in refinancing by 2030. He outlined opportunities for international investors in Saudi fixed-income instruments and real-estate securities, including cooperation on securitization, guarantees and data. Saudi Gazette also reported that financing, guarantee and servicing tools are being developed within a regulatory framework supervised by SAMA and CMA.

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