Real estateUpdated 10h ago

Al-Hogail says SRC aims to refinance more than $40 billion by 2030

Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail said SRC aims to refinance more than $40 billion by 2030. Saudi Gazette reported that he presented the target as opening opportunities for international investors in Saudi fixed-income instruments and real-estate securities, as well as collaboration in securitisation, guarantees, data management and credit-risk technologies. He also described Saudi housing finance as a developing sector linked to long-term capital markets.

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