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Balady — Municipal Licensing Platform (BALADY) · Press Release
"Municipalities and Housing" and "SABIC Employees Charitable Fund" Sign a Developmental Housing Support Agreement
"البلديات والإسكان" و"صندوق موظفي سابك الخيري" يوقعان اتفاقية دعم الإسكان التنموي
No action neededAwareness
The Ministry of Municipalities and Housing, represented by the Housing Supply Stimulation and Real Estate Development Agency, signed an agreement with the SABIC Employees Charitable Fund ("Berr") under which the Fund provides in-kind steel-reinforcement support for developmental housing projects worth up to SAR 30 million during 2023-2025, equivalent to SAR 10 million annually. The agreement was signed in Riyadh under the sponsorship of Deputy Minister Eng. Abdullah bin Mohammed Al-Bdair.
PublishedJanuary 16, 2023
Effective—
GazetteNot gazetted
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