Ninth batch of Saudi Sakani program launched

Sakani program is continuing to provide residential units to help citizens own suitable housing solutions. (SPA)
Updated 16 September 2018
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Ninth batch of Saudi Sakani program launched

  • 5,961 housing units under development have been allocated to Riyadh

JEDDAH: The Housing Ministry and the Real Estate Development Fund (REDF) announced the launching of the 9th batch of the Sakani housing program for 2018, aiming to allocate 300,000 housing and financial products across the Kingdom.
This batch have benefited 33,472 citizens, and the financing and residential products this year number more than 215,000, including 74,700 mortgage loans, 63,222 free lands, 2,384 ready residential units, 67,367 units under development and 8,000 purchases of units on the market. Meanwhile, the total number of financing and residential products announced since the launching of the program in the beginning of 2017 has exceeded 500,000.
The ministry announced details of the residential products and their geographic allocation during a press conference held at the Saudi Press Agency (SPA) media headquarters. The batch included 8,300 mortgage loans, 5,961 housing units under development in partnership with real estate developers, and 11,211 free-of-charge land parcels. It also announced that 8,000 citizens will benefit from buying ready units on the market.
According to the 9th batch data, 5,961 housing units under development have been allocated to Riyadh, while the free-of-charge lands provided by the ministry were distributed as follows: 685 in Riyadh, 2,657 in Makkah, 5,200 in Asir, 650 in Tabuk, 521 in the northern border region, 620 in Jizan, 773 in Al-Jouf and 105 in Baha. The beneficiaries of the REDF are distributed as follows: 2,189 in Riyadh, 1,346 in Makkah, 1015 in the Eastern Province, 724 in Qassim, 706 in Madinah, 609 in Asir, 311 in Najran, 308 in Hail, 299 in Tabuk, 234 in the northern border region, 228 in Al-Jouf, 169 in Jazan, 162 in Baha.
The purchasing of ready units on the market included 1,924 in Riyadh, 1,950 in Makkah, 2,355 in the Eastern Province, 515 in Asir, 463 in Madinah, 382 in Qassim, 266 in Hail and 145 in Tabuk.
Mohammed bin Saud Al-Ghazwani, general supervisor of the real estate development sector at the Housing Ministry, said that Sakani program is continuing to provide residential units to help citizens own suitable housing solutions.

He stressed that the program is also continuing to implement its policy in increasing the allocation numbers progressively, by injecting more diverse units, at prices between SR250,000 ($67,000) and SR750,000, in a comprehensive housing environment, along with other diverse products, as part of the ministry’s efforts to increase the ownership rate to 60% by 2020 within the objectives of the Iskan program.


India and Saudi Arabia share robust defense partnership anchored in mutual trust, ambassador says

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India and Saudi Arabia share robust defense partnership anchored in mutual trust, ambassador says

RIYADH: India and Saudi Arabia share a robust and steadily expanding defence partnership anchored in mutual trust, Indian Ambassador Suhel Ajaz Khan said.

Speaking to Arab News ahead of the World Defense Show in Riyadh, which will feature a major Indian presence, the ambassador said: “Saudi Arabia is one of India’s most trusted and valued strategic partners. Our ties are rooted in a rich tapestry of civilizational, cultural, and commercial connections that date back centuries. In recent years, the relationship has grown exponentially, evolving into a robust strategic partnership.

“The landmark state visit of Prime Minister Narendra Modi to the Kingdom in April 2025 was a true reflection of this deepening bond. He and Crown Prince Mohammed bin Salman had highly productive engagements in Jeddah, resulting in key outcomes — including the agreement on establishment of two India-Saudi joint venture refineries in India, and MoUs in space cooperation, health, sports, and postal cooperation, the envoy said. 

“The second leaders’ meeting of the India-Saudi Arabia Strategic Partnership Council was also co-chaired by the two leaders during this visit. The council reviewed the work of the various committees, subcommittees and working groups under the SPC,” he added.

“On the defense side, India and Saudi Arabia share a robust and steadily expanding partnership, anchored in mutual trust and based on the Defense Cooperation Agreement signed in 2014 during the India visit of the then crown prince and defense minister King Salman,” Khan said.

“Over the past few years, this cooperation has deepened through regular high-level engagements, and enhanced interactions between the armed forces of both countries,” he said.

The most significant development has been the addition of a Ministerial Pillar of Defence Cooperation to the Strategic Partnership Council, chaired by the defense ministers, announced during the Jeddah visit of the Indian prime minister.

Seven rounds of discussions under the Joint Committee on Defense Cooperation have been held so far. The continued exchange of senior defence delegations reflects the priority accorded to defence cooperation under the framework of the Strategic Partnership Council. 

“Over the last few years, we have seen two editions of naval exercises, Al Mohed Al Hindi and the first land forces exercises, Sada Tanseeq. There have also been regular port calls by Indian naval and coast guard vessels,” Khan said.

After a gap of nearly 12 years, the first ministerial delegation on the defence side visited Riyadh for WDS 2024, the delegation was headed by Minister of State for Defense Ajay Bhatt. 

During that visit, an agreement was signed by Munitions India Ltd. for defence exports from India to Saudi Arabia worth $225 million, Khan said.

India will feature prominently at WDS 2026 being held from Feb. 8-12.

“We congratulate the Kingdom for its organization of WDS in recent years, which has grown significantly since its inception. While preparations are underway, we expect a high-level delegation for this event. The senior leadership of Indian Armed Forces will also be part of the delegation. There will be an India Pavilion set up by our Ministry of Defense in the show.

“While earlier, a number of Indian companies have participated in the WDS, this will be the first time an India Pavilion will be set up and will showcase India’s growing defence manufacturing capabilities,” the envoy said.

The past year has been particularly productive for India–Saudi defence relations. 

“We witnessed, for the first time, service-to-service level staff talks, along with high-level visits from both sides, including the first visit of the Chief of General Staff of the Saudi Armed Forces Gen. Fayyad bin Ruwaili, to India in December 2025,” Khan said.

He noted that there are several areas between the two sides that reflect the depth of the partnership, one of the primary fields being military-to-military cooperation, including joint exercises, training exchanges, and service-to-service engagements.

“Amongst them maritime and naval cooperation is key, reflecting our shared interest in the security of the Indian Ocean region, the Red Sea, and critical sea lines of trade and communication. The two rounds of the naval exercises Al Mohed Al Hindi have provided an excellent base for continued collaboration in this area,” Khan said.

“Another rapidly expanding area of engagement is defence industry and industrial collaboration. India’s growing defense manufacturing ecosystem driven by the motto of ‘Make in India, Make for the World’ aligns closely with Saudi Arabia’s Vision 2030,” he added. 

India’s defence industrial capabilities have grown exponentially in recent years, crossing $15 billion, with exports upwards of $2.7 billion. 

“We have a large number of products which we can offer to the Saudi side,” the ambassador said.

Saudi Arabia has been sending cadets to India for training with the Indian Navy and the National Defense Academy, marking a significant boost in bilateral defense cooperation.

Khan said: “Training and capacity-building cooperation has emerged as an important pillar of the defence partnership between India and Saudi Arabia. The participation of Saudi cadets in professional military training institutions in India reflects the high level of trust and confidence between our armed forces.”

As part of a landmark initiative, six instructors and 55 cadets from the King Fahd Naval Academy of the Royal Saudi Naval Forces participated in Afloat Summer Training with the Indian Navy at Kochi in 2023, he said. 

This was followed by an expanded engagement in 2024, when five instructors and 76 cadets from the same academy undertook similar training. 

“We anticipate that this program will continue to grow and expand in the years ahead,” the ambassador said.

In 2023 and 2025, senior delegations from the National Defence College, New Delhi visited Saudi Arabia on study tours. 

Officers from the Saudi armed forces have also attended NDC courses in the past.

“These training exchanges not only contribute to professional skill development and interoperability but also foster enduring institutional linkages between our armed forces. We see this cooperation as a valuable investment in the long-term strength of the India–Saudi Arabia defence partnership," the ambassador said.