Mortgages in Saudi Arabia: positive developments in 2016
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about the outlook for mortgage industry in Saudi Arabia.
List of all articles filed under “saudi-arabia-real-estate” category.
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about the outlook for mortgage industry in Saudi Arabia.
Yasser Abu Ateek, CEO of Dar Al Tamleek explains the structure of Saudi Arabia’s mortgage industry.
The Islamic finance industry has evolved in the direction of complying with the conventional system. Islamic finance industry has to rethink its philosophy. The latest trend in the industry is the emergence of innovations from Islamic institutions that are derived from the principals of the Islamic finance philosophy, not from the motive of providing solutions or mimicking the conventional finance systems.
The real estate sector is regarded one of the dynamic sectors in development, it is a target sector for all community segments and a safe channel because it depends on a set of pillars that depend on the strength of KSA economy, and the urgent demand for housing units. Now we can see that the percentage of KSA youth under age of 30 is about 70% of population, accordingly all those youth need houses. According to the recent statistics, the demand for housing units in the KSA is more than 200,000 housing units per year.
Hamad A. Al Showair, Managing Director of Hamad Al-Showair Group talks about the real estate sector in Saudi Arabia.
Hamad A. Al Showair, Managing Director of Hamad Al-Showair Group talks about the importance of real estate sector in Saudi Arabia.
Naif Abdulmohsin Al-Baz, CEO of Deutsche Gulf Finance talks about the housing sector in Saudi Arabia.
Ahmad Ibrahim Bin Saedan, GM for Real Estate Development at Al Saedan Real Estate talks about strip malls in Riyadh.
Ahmad Ibrahim Bin Saedan, GM for Real Estate Development at Al Saedan Real Estate talks about being the leader in the real estate market.
Ahmad Ibrahim Bin Saedan, GM for Real Estate Development at Al Saedan Real Estate talks about Al Saedan Real Estate.