The Saudi Real Estate Refinance Company which is fully owned by the Public Investment Fund, has announced it is launching a programme to reduce the financial real estate burdens together with banks and real estate financing companies.
The move is part of the company’s efforts to implement the Saudi Arabian Monetary Agency procedures to support various economic sectors during Coronavirus.
The CEO of the Saudi Real Estate Refinance Company said the company decided to postpone the instalments for at least three months to support families.
For full story see https://www.okaz.com.sa/economy/na/2020872.
