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Dubai Land Department unveils new mortgage lawThe Dubai Land Department (DLD) has unveiled a new mortgage and finance law aimed at attracting foreign investment portfolios in line with its efforts to strategically diversify and stimulate the real estate investments in the emirate. More… |
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Saudis are top GCC investors in Dubai propertySaudi Arabians were the leading GCC investors in property in Dubai, UAE, in the first half of 2014 with investments worth Dh3.4 billion ($925.5 million), according to a report from global property consultancy Frank Knight. They were fol More… |
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‘Limited impact on housing’ from Saudi mortgage lawSaudi Arabia’s housing market will see a limited impact in the short term from a mortgage law passed in 2012 as the focus of the law is on demand, not supply, a report said. A long-awaited mortgage law approved enforced by S More… |
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New Saudi mortgage law ‘positive, impact in long-term’The partial regulations for the Saudi Mortgage Law published by the Saudi Arabian Monetary Agency (Sama) are positive and will impact the banking sector in the medium to long term, said a report released by NCB Capital. “The More… |
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Cityscape Riyadh focus on new mortgage lawSaudi Arabia’s new mortgage law, highlighting real estate financing, leasing and supervision of financial companies, will be a key topic at the upcoming Riyadh Urban Development and Real Estate Investment Event - Cityscape Riyadh. More… |
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Cityscape Riyadh focus on new mortgage lawSaudi Arabia’s new mortgage law, highlighting real estate financing, leasing and supervision of financial companies, will be a key topic at the upcoming Riyadh Urban Development and Real Estate Investment Event - Cityscape Riyadh. More… |
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Saudi housing: Will the new law help?In early August, Saudi Arabia’s Public Pensions Agency (PPA) launched a new housing project in Jeddah. Construction work on the 1,180 villas and 6,160 apartments should begin before the end of the year and the scheme will More… |
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Saudi residential rents surge in H1The apartment rental rates in the Saudi cities of Riyadh and Jeddah rose strongly during the first half mainly due to massive demand for low and middle-income housing among both Saudi nationals and expatriates, according to a report. More… |
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Saudi mortgage law to boost home loan marketSaudi Arabia's new mortgage law should make home loans a larger part in bank lending portfolios and also tackle the controversial question of default, Rehan Khan, chief financial officer at Saudi British Bank (SABB), said on Wednesday. More… |
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Saudi Arabia approves mortgage draft lawSaudi Arabia has approved a draft law allowing mortgages to be sold in the kingdom, the state news agency said on Monday. 'It should help address one of the critical social issues in the kingdom - housing,' James Reeve, senior econ More… |
