Safqah Capital Signs Financing Agreement With Jareed to Build a Residential Tower in Al-Sahafa District, Riyadh

Safqah Capital announced the signing of a financing agreement with Jareed (@jareed_ksa) during the 24 Fintech exhibition to finance the construction of a residential tower located on Olaya Street in Al-Sahafa District, Riyadh. This agreement reflects Safqah's commitment to supporting innovative real estate projects that contribute to sustainable development and enhanced quality of life.

The residential project represents a significant addition to Riyadh's real estate market, aiming to meet the growing demand for modern and integrated housing units. This partnership underscores Safqah's position as a trusted partner in the development of real estate projects, aligning with the goals of Vision 2030 to promote economic growth and diversify investment opportunities.

Jareed expressed pride in partnering with Safqah Capital, praising the platform's pioneering role in providing innovative financial solutions that support ambitious and sustainable projects.