Over 29k Saudi families benefit from Sakani housing program in Q3

This initiative‚ launched in 2017 by the Real Estate Development Fund, is part of a collaborative effort to enhance housing affordability in the Kingdom. File
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Updated 15 October 2023
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Over 29k Saudi families benefit from Sakani housing program in Q3

RIYADH: As many as 29,361 Saudi families benefited from Sakani’s housing options and financing solutions during the third quarter of 2023, bringing the total number of beneficiaries since the beginning of the year to 71,145.

September recorded the highest number of families receiving support from the program, at 10,808. In addition, 6,803 families received possession of their first home during that period.

This initiative‚ launched in 2017 by the Real Estate Development Fund, is part of a collaborative effort to enhance housing affordability in the Kingdom, aligning with the goals of the housing program, a key element of Vision 2030.

Through this, the Kingdom aims to increase the proportion of Saudi families that own a home from 47 percent in 2016 to 70 percent by 2030.  


19k ‘Made in Saudi Arabia’ products now reaching 180 global markets: industry minister

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19k ‘Made in Saudi Arabia’ products now reaching 180 global markets: industry minister

RIYADH: Products carrying the “Made in Saudi” logo have reached 19,000 and are shipped to 180 countries, according to the minister of industry and mineral resources.

In his opening speech at the third edition of the “Made in Saudi” exhibition, Bandar Alkhorayef indicated that the program now includes 3,700 registered national companies.

He noted that the first half of 2025 recorded the highest semi-annual figure for non-oil exports, valued at SR307 billion ($81.8 billion), after total exports in 2024 reached approximately SR515 billion.

The “Made in Saudi” program was launched in 2021 with the aim of strengthening the presence of local products in domestic and international markets and contributing to the growth of the national economy in line with Vision 2030 targets.

The minister highlighted the efforts of the Saudi Exports Development Authority in facilitating the access of national products to global markets.

This has been achieved through the signing of 108 export agreements, the registration of 433 importers on the Saudi Exports platform, and the licensing of nine export houses whose outbound trade has reached 21 countries with a value of SR390 million.

The “Made in Saudi” program is an initiative of the National Industrial Development and Logistics Program. It is managed by the Saudi Export Development Authority, also known as Saudi Exports, a governmental body tasked with increasing the Kingdom’s non-oil exports. 

Saudi Exports developed and is managing the program with the strategic intent of supporting the nation in achieving the objectives of its transformative Vision 2030.