Oman sets aside US$208m for affordable housing 
Oman will allocate OMR80m (US$207.7m) annually for affordable housing projects in a bid to ease the Gulf state’s low-cost housing shortage, the undersecretary at the Ministry of Housing has said.
The Gulf state awarded OMR60m to 3,174 people through housing assistance programmes and approved 400 interest-free affordable housing loans totaling OMR7m during 2011 and the first three months of 2012, said Saif bin Amir bin Sulaiman Al Shaqsi.
