Banan Real Estate unit secures SAR 84 million Riyad Bank facility
A Banan Real Estate unit secured an SAR 84 million facility from Riyad Bank that includes a loan component for project development.
Topic cluster
stable
2 sources grouped by AFBytes in Economy
AFBytes briefing
Real estate financing flows in Gulf markets influence construction activity and related commodity demand.
Key entities
- Aaib
- Banking
- Banking Offers
- Buy Online
- Cashback
- Credit Card
- Credit Card Offers
- Online Purchase
- Online Shopping
- Visa
- Visa Signature
- أسعار الذهب
What to watch next
- Monitor Saudi real estate transaction volumes and bank non-performing loan ratios in quarterly disclosures.
- Track subsequent project milestones and tender announcements from the Royal Commission.
Makkah Development Sites Awarded at SAR 13 Billion
The Royal Commission for Makkah City awarded six development sites valued at SAR 13 billion covering over 2.7 million square meters.