Safqah Capital Signs Financing Agreement With Telada to Support Residential Project in Al-Hamra District, Riyadh

Safqah Capital announced the signing of a financing agreement with Telada (@telada_sa) during the 24 Fintech exhibition. This agreement aims to finance the Telada Residential Project in Al-Hamra District, Riyadh—a distinguished real estate development that reflects a forward-thinking vision for innovative residential projects.

This partnership aligns with Safqah Capital's vision to support real estate projects that enhance the quality of life and meet the aspirations of Saudi residents. It also emphasizes the company's role in providing investors with access to distinguished investment opportunities. The collaboration highlights Safqah's commitment to achieving the objectives of Vision 2030 by offering innovative financing solutions to support the growth and development of the real estate sector.

The CEO of Telada expressed his enthusiasm for the partnership, describing it as a strategic step to support the Telada Residential Project and meet the growing demand in the real estate market.