Houthis claim attack on Saudi Arabia's King Khalad airport
Houthis claim attack on Saudi Arabia's King Khalad airport The Houthis have claimed an attack on the King Khalid International Airport and Saudi Aramco oil storage tanks. The latest alleged attacks follow a previous strike on the kingdom's financial centre in Riyadh, also claimed by the Houthis, that eyewitnesses said caused damage to a skyscraper belonging to oil giant Aramco.
In the third quarter of 2026, finance companies in Saudi Arabia extended SR604 million in new residential mortgage financing to individuals, marking an 8% growth compared to the same period in 2025, according to the Saudi Central Bank's (SAMA) monthly statistical report. The report further broke down the financing by sector: villas, apartments, and land, revealing an 8% increase in villa financing to SR210 million, a 5% rise in apartment financing to SR310 million, and a 59% jump in land financing to SR84 million.
However, the volume of new residential mortgage financing extended to individuals by finance companies decreased by 15% in Q3 2026 compared to Q2 2026, with the total falling from SR711 million to SR604 million. This decline was observed across all sectors: villa financing dropped from SR269 million to SR210 million, apartment financing decreased from SR332 million to SR310 million, and land financing contracted from SR111 million to SR84 million.
The report also noted a 3.2% increase in new residential mortgage financing for individuals provided by finance companies from Q1 2026 to Q3 2026. Villa financing grew from SR249 million to SR210 million, apartment financing rose from SR279 million to SR310 million, and land financing increased from SR57 million to SR84 million.
Furthermore, financing in the villa sector in Q3 2026 was SR210 million, down from SR284 million in Q4 2025, while financing in the apartment sector was SR310 million, down from SR353 million in Q4 2025, and land financing was SR84 million, down from SR100 million in Q4 2025.
Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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