https://arab.news/n8h4k
The REDF (Real Estate Development Fund) Saudi Housing Finance Conference will launch today as Euromoney’s second digital Saudi series. All interviews, panels and exclusive content from the annual spring conference will be streamed online live, interactive and on-demand.
The Saudi housing finance market is a key part of the Kingdom and the region’s developing capital markets. This year has already seen the first major securitization via the Saudi Real Estate Refinance Company (SRC) and more deals are in the pipeline. Despite the pandemic, the Kingdom is moving ahead with its bold plans to drive both homeownership for Saudis and the emergence of a new investable asset class.
The conference launches on Oct. 1 with an exclusive interview with Majed Al-Hogail, Saudi minister of housing.
“Our senior editorial team talks to the minister about the performance of the Saudi housing and housing finance markets in 2020 and if the pandemic has been a curse or a blessing. We ask him whether the Vision 2030 plan is on track and about the prospects for further securitizations in Q4 2020 and 2021. We quiz him on what he and his top team are doing to ensure that affordable housing is available to all Saudis in this challenging time,” a statement said.
Directly following the interview will be a live in-depth Q and A with Prince Saud bin Talal Al-Saud, deputy minister for residential support and beneficiary services, and Marwan Zawawi, deputy minister of residential products.
“We’re excited to launch this season of exclusive Saudi housing content with Minister of Housing Majed Al-Hogail and delighted to be working with the REDF once again on this important partnership,” said Victoria Behn, director of Middle East, Euromoney.
To watch the exclusive interviews, viewers can register on:
The full series will include interviews with Ahmed Al-Kholifey, governor of SAMA, senior figures from REDF, SRC and across the Saudi financial sector. International analysts, experts and industry players will also join for live and interactive discussions on the future of this vital new sector in the Kingdom.