Crown Prince donates SR1 billion to support housing for eligible families
Saudi Gazette reportRIYADH — Crown Prince and Prime Minister Mohammed bin Salman has donated SR1 billion from his personal funds to the National Developmental Housing Foundation (Sakan), represented
Saudi Gazette reportRIYADH —
Crown Prince and Prime Minister Mohammed bin Salman has donated SR1 billion from his personal funds to the National Developmental Housing Foundation (Sakan), represented by Jood Eskan, to support home ownership for eligible families across Saudi Arabia.Prince Mohammed directed that the housing projects funded by this donation be completed within 12 months and executed by national companies.
He also ordered monthly progress reports to ensure that all residential units are delivered within one year.
The donation reflects the Crown Prince’s ongoing commitment to providing a dignified life for citizens by backing initiatives aimed at expanding housing opportunities in various regions of the Kingdom.
The Crown Prince’s contribution underscores his strong interest in the housing sector and his dedication to supporting low-income families, recognizing the role stable housing plays in promoting social stability and development across Saudi society.
Latest Saudi Gazette
- Saudi, Omani foreign ministers visit Rub’ Al-Khali border crossingSaudi Gazette report JEBEL AKHDAR, OMAN — Minister of Foreign Affairs Prince Faisal bin Farhan met on Monday with Foreign Minister of Oman Badr bin Hamad bin Hamood Albusaidi in the Jebel Akhdar area
- SR100,000 fine for those who facilitate or give shelter or transportation for visit visa holders to perform Hajj illegallySaudi Gazette report RIYADH — The Ministry of Interior announced on Monday penalties for persons, who violate regulations requiring a permit to perform Hajj, as well as for those who facilitate such
- Minister of Media: Saudi Vision 2030 achievements are the greatest response to skepticsSaudi Gazette report RIYADH — Saudi Minister of Media Salman Al-Dossary described 2024 as "the year of record numbers of accomplishments" with regard to the Saudi Vision 2030."The Vision
- Bankruptcy Committee handles 16 court decisions to resolve defaults of medical, aviation, and car rental companiesOkaz/Saudi Gazette RIYADH — The Bankruptcy Committee has received 16 judicial decisions issued by five commercial courts with regard to liquidation, financial restructuring, and administrative liquidation
- Commerce Ministry recalls 6,500 Genesis cars due to risk of fireSaudi Gazette report RIYADH — The Ministry of Commerce announced on Monday the recall of approximately 6,500 Hyundai Genesis vehicles, including several 2015-2017 year models.The ministry noted the possibility
- Fashion Commission launches research into sustainable recycling of Ihram clothingSaudi Gazette reportRIYADH — The Fashion Commission has released a research paper titled "Recycling Ihram Clothing: Environmental Sustainability in Hajj and Umrah," which focuses on the Sustainable
