Daily Archives: June 2, 2011

King Abdullah waives SR585 million in housing loans

“The REDF has waived loans of the citizens of different cities and villages, which come as a big relief for the kith and kin in the families,” said Hassan bin Mohammed Al-Attas, the fund’s acting director general, while giving details Saturday of REDF’s operations. “Those who died after Sept. 11, 2007 will be covered by the loan waiver scheme only if they had been paying the loans’ installments regularly.”

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