Wednesday, 27 October 2021 01:27 GMT

Saudi real estate giant joins Shariah-compliant financial support


(MENAFN) One of the biggest housing expansion firms in Saudi Arabia called Al Ramz joined alongside Watheeq Proptech VC Fund as a shareholder to aid in growing sustainable accommodation in Saudi Arabia.

The financial support invests real estate technology startups, the ones employing 3D printing, manufactured constructions, and building robots.

The deal is going to result in a speedier growth procedure from building completion to sales, and sole home-possession.

a managing partner of Watheeq Proptech VC Fund, Khaled Zaidan, informed: “We are excited that our partnership with Al Ramz will support the government’s efforts to provide housing for the rapidly growing, young population.”


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