Prince Alwaleed bin Talal, Chairman of the Kingdom Holding Company, said the Saudi housing ministry had failed to meet to the needs of Saudi nationals.
Alwaleed was speaking at a press conference during his visit to the Kingdom Tower project in Jeddah, and said his charity society hands over around 10,000 apartments to low-income citizens in Saudi Arabia on a yearly basis.
The renowned businessman urged the ministry to align its policy to serve citizens who have real needs for houses.
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