The New Housing Finance Program won the “Best Innovative Program Award” for the year 2023, which is awarded by Middle East Economic Digest (MEED) in the Middle East and North Africa, in recognition of the efforts made to provide innovative housing solutions and programs for citizens with limited incomes in the Kingdom, which is a result of joint cooperation. between the Ministry of Housing and Urban Planning and the Eskan Bank, where the award falls under the product, technology and customer experience category.
Upon receiving the award, Her Excellency Mrs. Amna bint Ahmed Al-Rumaihi, Minister of Housing and Urban Planning, Chairman of the Board of Directors of the Housing Bank, confirmed that it is a result of the visions of His Majesty King Hamad bin Isa Al Khalifa, the great King of the country, may God preserve and preserve him, and the directives of the government headed by His Royal Highness Prince Salman bin Hamad Al Khalifa. The Crown Prince and Prime Minister, may God protect him, regarding the provision of innovative housing solutions for citizens, the housing financing program was launched in August of last year.
The minister added that this program was able to prove its feasibility in providing housing services to a large number of citizens in a short period, which is a pace that promises to achieve more gains in the path of partnership with the private sector during the next stage.
Al-Rumaihi indicated that winning this important award at the level of the Middle East and North Africa for the year 2023 is the culmination of the efforts of the government, represented by the Ministry of Housing and Urban Planning and the Housing Bank during the last stage, which witnessed the preparation of this program, and its fulfillment in terms of economic, social and legal studies, and what followed the stage The inauguration is part of efforts to introduce the program to citizens.
The Minister of Housing and Urban Planning expressed her pride in this honorable achievement, hoping that the award would be a motive and an incentive to make more innovative programs for the benefit of citizens.
It is worth noting that the MEED Project Quality Awards aim to support the strategic goals that the region seeks to achieve by promoting best practices in the project sector in the Middle East and North Africa, and honoring the best achievements in the region.
