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S.Arabia licenses 900-mln-riyal national home finance company
Saudi Arabia's central bank has granted a license to its national home finance company, Bidaya and it will launch with 900 million riyals ($239.94 million) in capital, the firm announced on Tuesday. The decision by the Saudi Arabian Monetary Agency (SAMA) joins efforts to boost home ownership in the kingdom,…
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Click here to read the full story: Reuters