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Saudi Fund Chooses 12,000 for Interest-Free Mortgages, Okaz Says

Saudi Arabia will name 12,000 people who will receive mortgages through an interest-free government fund, Okaz reported, citing unnamed sources.

It will be the second group of applicants chosen by the kingdom’s Real Estate Development Fund this year, the newspaper said. About 500,000 people are on waiting lists for the loans, Okaz reported.

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