Damanat Signs Global Strategic Partnerships to Boost Saudi Mortgage Market

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wth in the Saudi real estate mortgage market and the company’s focus on attracting foreign investment and deepening capital markets related to real estate financing,” Radwan said.

“Damanat plays a vital role in shaping the future of the Saudi real estate financing sector,” he added.

Al-Hogail, who also chairs the Real Estate Development Fund, recently launched the off-plan sales (OPDG) projects, the first steps toward establishing the Kingdom’s first mortgage market.

Damanat aims to facilitate the journey of beneficiaries through innovative solutions and streamlined procedures, contributing to sustainable development in the real estate financing secto

Source: Saudi Press Agency