RIYADH: Tatweer, a program affiliated with Saudi Arabia’s Real Estate Development Fund, on Sunday signed the first financing agreement with Riyad Bank and Modern Homes Co.
The deal aims at helping the real estate company develop Durrat Al-Madinah, a project of the Ministry of Municipal and Rural Affairs.
The project will be completed by the end of March 2023. It includes 1,122 housing units of various sizes.