Riyadh, November 21, 2021, SPA -- The Real Estate Development Fund has joined membership of the European Foundation for Quality Management (EFQM) in order to benefit from the foundation's knowledge base, exchange experiences, and apply the best international standards in providing its services and programs with high quality. The membership agreement was signed in Riyadh by the fund's CEO, Mansour bin Madi, and EFQM's representative Russell Longmuir. The membership of the Real Estate Development Fund with the EFQM comes as a continuation of the development programs implemented by the fund since the announcement of the transformation in June 2017 in the field of institutional excellence and quality, in order to serve its development process and apply the best international standards in presenting its programs and initiatives, which all enable beneficiaries to own adequate housing. --SPA 16:03 LOCAL TIME 13:03 GMT 0012 www.spa.gov.sa/w1654663