Real Estate Contributions Law vital for boosting funding, investment streams: Al-Jaddan

12/07/2023 Argaam

Real Estate Contributions Law vital for investment enhancement: Al-Jaddan

Mohammed Al-Jadaan, Minister of Finance

Mohammed Al-Jadaan, Minister of Finance, stated that the Cabinet’s recent endorsement of the Real Estate Contributions Law is vital for promoting financing and investment channels in the real estate sector.

 

In a tweet, Al-Jadaan pointed out that the step came in conjunction with the development witnessed in real estate funds as an additional supporting channel. This enhances the Kingdom’s economic transformation journey within the framework of the Saudi Vision 2023.

 

The Saudi Cabinet, chaired by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved, on July 11, the Real Estate Contributions Law, according to Argaam's data.

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