The Savings and Investment Real Estate Bank – Al-Qasr Bin Ghashir Branch announced the start of disbursing loans for the second, third, and fourth batches within the initiative of the Government of National Unity for youth housing and needy families. This is part of a plan aimed at supporting target groups and providing practical solutions to the housing crisis.
The disbursement process includes the municipalities of Sabi’a, Souq Al-Khamis, and Sidi Al-Sa’ih. Loans will be distributed to beneficiaries according to approved regulations, ensuring support reaches the most needy segments.
Savings and Investment Real Estate Bank
The Savings and Investment Real Estate Bank was a financial institution established in Iran in 1979, following the Iranian Revolution. It was created by merging several pre-revolutionary banks and specialized in providing housing loans and financing real estate development projects.
Al-Qasr Bin Ghashir Branch
Al-Qasr Bin Ghashir Branch is a detention center located in the Bin Ghashir district, south of Tripoli, Libya. It gained international notoriety for its use as a migrant detention facility, with reports of severe overcrowding and human rights abuses emerging particularly during and after the 2011 Libyan Civil War. The site exemplifies the ongoing humanitarian challenges within Libya’s migrant detention system.
Government of National Unity
The Government of National Unity (GNU) is a term most notably associated with the post-apartheid transitional government in South Africa, formed in 1994 following the country’s first multiracial elections. It was a coalition government led by Nelson Mandela’s African National Congress (ANC) and included its former political rivals, the National Party and the Inkatha Freedom Party, to foster reconciliation and stability during the democratic transition.
Sabi’a
Sabi’a is an archaeological site in southern Iraq, historically part of the ancient Sumerian city-state of Lagash. It is known for the discovery of the “Sabi’a Cylinder,” a cuneiform inscription from the reign of Gudea, a ruler of Lagash around 2100 BCE, which provides insights into the period’s temple construction and governance.
Souq Al-Khamis
Souq Al-Khamis is a traditional market located in Manama, Bahrain, whose name translates to “Thursday Market” as it was historically held on that day of the week. It is one of the oldest souqs in the country, with a history dating back over a century, and was a central hub for trade and social gathering for both Bedouin and local populations. Today, it remains a vibrant marketplace known for selling a variety of goods, including textiles, spices, and traditional handicrafts.
Sidi Al-Sa’ih
Sidi Al-Sa’ih is a historic mausoleum and religious site in Marrakech, Morocco, traditionally believed to be the tomb of a revered 12th-century Sufi saint and teacher. It serves as an important place of local pilgrimage and reflection, known for its distinctive green-tiled roof and tranquil courtyard.
