Crown prince donates SR1bn for Saudi housing projects

The crown prince’s directive states that the housing projects designated for donation be completed within a period not exceeding 12 months. (Supplied)
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Updated 28 April 2025
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Crown prince donates SR1bn for Saudi housing projects

  • The crown prince has mandated that the housing projects designated for donation be completed within a year

RIYADH: Saudi Crown Prince Mohammed bin Salman pledged an SR1 billion ($266 million) donation on Monday to support housing projects for eligible Saudi beneficiaries and families in need.

The donation at his own private expense to the National Development Housing Foundation aims to help beneficiaries achieve home ownership.

It reflects the prince’s “continuous attention and support for providing a decent life for citizens, by supporting the initiatives and projects aimed at providing housing for them in various regions of the Kingdom,” the Saudi Press Agency reported.

The crown prince has mandated that the housing projects designated for donation be completed within a period not exceeding 12 months, and that they are implemented by national companies.

He also ordered authorities to submit monthly reports on the progress of home ownership, in order to ensure the handover of all housing units within one year as well as transparency and accountability.


Saudi Arabia says recent STC military movements in Hadramout, Al-Mahra were unilateral, uncoordinated

Updated 30 min 23 sec ago
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Saudi Arabia says recent STC military movements in Hadramout, Al-Mahra were unilateral, uncoordinated

  • Saudi Arabia said the moves harmed the interests of the Yemeni people, as well as the southern cause and the coalition’s efforts.
  • The Kingdom said it coordinated with the United Arab Emirates, the president of the Presidential Leadership Council, and the Yemeni government to contain the situation.

RIYADH: Saudi Arabia on Thursday said that recent military movements in the Yemeni governorates of Hadramout and Al-Mahra carried out by the Southern Transitional Council (STC) were conducted unilaterally and without coordination with the Presidential Leadership Council or the coalition leadership.

“These movements resulted in an unjustified escalation that harmed the interests of all segments of Yemeni people, as well as the Southern cause and the coalition’s efforts,” read a statement published by the Saudi Press Agency.

The statement said Saudi Arabia has always prioritized preserving the unity of Yemen throughout recent developments, and that the Kingdom has spared no effort to reach peaceful solutions to resolve the situation in both governorates.

In this context, “the Kingdom worked with the brotherly United Arab Emirates, the president of the Presidential Leadership Council and the brotherly Yemeni government to contain the situation.

“A joint military team was sent from the Kingdom of Saudi Arabia and the United Arab Emirates to put the necessary arrangements in place with the Southern Transitional Council in Aden. These arrangements were made to ensure the return of the Southern Transitional Council forces to their previous positions outside the two governorates and hand over the camps in those areas to the Nation Shield Forces and the local authorities, in accordance with organized procedures under the supervision of the coalition forces.”

The statement said that these efforts remain in progress to restore the situation to its previous state.

Saudi Arabia also said it “hopes public interest will prevail through ending the escalation by the Southern Transitional Council and the withdrawal of its forces from the two governorates in an urgent and orderly manner.”