RIYADH, 30 August 2006 — The Real Estate Development Fund (REDF) is facing a big problem. A whopping SR30 billion is outstanding from people who availed housing loans, but have defaulted on repayment.
JEDDAH, 30 August 2006 — Twenty-three infrastructure projects will be available for bidding to local construction companies at an estimated cost of SR600 million. According to officials the Red Sea