The Real Estate Development Fund (REDF) announced a 190% increase in real-estate financing contracts for beneficiaries of the Sakani program during the first two days of this year's Cityscape Global exhibition. :state financing contracts for beneficiaries of the Sakani program during the first two days of this year's Cityscape Global exhibition. According to Saudi Press Agency, the Sakani program offers various financial solutions and benefits in partnership with funding agencies. During Cityscape, financing contracts for Sakani beneficiaries grew by 190%, and the total value of real-estate financing increased by 225% compared to the same period last month. The Sakani programs provide competitive opportunities at Cityscape, allowing beneficiaries to sign financing contracts with options that include a low profit margin of 2.59% and housing support packages with immediate, non-refundable assistance of up to SAR150,000. The results from the first two days of Cityscape show the success of partnerships with fu nding agencies and real-estate development companies. REDF highlighted that the financing offers and exclusive opportunities for Sakani beneficiaries at Cityscape showcase REDF's leading role with funding agencies. The active movement in finance and real-estate development created various housing products and financial solutions tailored to the needs of Sakani beneficiaries. REDF's interactive pavilion at the exhibition attracted visitors interested in the exclusive financing offers available. REDF also partnered with the National Development Housing Foundation (Sakan) providing additional support of up to SAR120,000 and other financial benefits, including a low-profit margin of 2.59%.
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