French Election Poll Shows Le Pen and Melenchon Ahead

The latest French Election Poll places far-right...

Aramco Building Inspection Follows Houthi Attack in Riyadh

Riyadh’s deputy governor conducted an Aramco Building...

Oman Revenue Growth Reaches 16% in Nine Months

Oman Revenue Growth reached 16 percent during...
HomeBusinessSaudi Arabia Helps...

Saudi Arabia Helps 63,000 Families Buy First Homes

More than 63,000 Saudi families became first-time homeowners during the first half of 2026 as the Kingdom continued expanding access to affordable housing through its Sakani program.

The Ministry of Municipalities and Housing said 63,076 families moved into their first homes between January and June, including 12,004 families in June alone. During the same period, 48,631 families benefited from housing support services, with 10,160 receiving assistance in June.

Since its launch in 2017, the Sakani program has facilitated 1,046,890 subsidized housing contracts, offering a range of options including ready-built homes, off-plan properties, self-construction and residential land.

The ministry said the program continues to play a key role in increasing homeownership by providing housing and financing solutions tailored to different family needs and financial circumstances.

Housing developments delivered in partnership with private developers have also expanded the supply of homes while creating integrated residential communities with public facilities, services and green spaces.

According to the ministry, Saudi Arabia’s homeownership rate among Saudi families reached 66.24% by the end of 2025, moving the Kingdom closer to its Vision 2030 target of 70%.

Submit Your Article

Share your story with Khaleej Telegraph readers

Minimum 300 words recommended

Our editorial team will review your submission within 48 hours

Continue reading

Coral Restoration Facility Targets 100 Hectares by 2030

Saudi Arabia has launched a major Coral Restoration facility on its Red Sea coast, supporting efforts to protect threatened marine ecosystems. King Abdullah University of Science and Technology (KAUST) opened the centre with ambitious targets for rebuilding damaged reefs. The...

Kuwait-Jordan Relations Discussed in Royal Message

Kuwait-Jordan Relations were the subject of a written message King Abdullah II sent to Kuwait’s Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. The message addressed bilateral ties and opportunities to strengthen cooperation across several fields. Jordanian Ambassador to Kuwait Sinan Rakan...

Delhi Air Pollution Exceeds Monitoring Limits During Diwali

Delhi Air Pollution reached extreme levels during Diwali celebrations, overwhelming monitoring equipment across parts of the Indian capital. Authorities acknowledged that some instruments could not measure pollution concentrations beyond their maximum calibrated limits. The admission followed accusations from opposition politicians,...