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Dubai proptech startup Stake enters Saudi Arabia market
Stake, a Dubai-based digital platform for real estate investment, has partnered with Saudi Arabia’s property developer Al Rajhi Seventh, marking its entry into the Saudi market.
Stake’s first investment in Saudi Arabia involves a commercial property fund in North Riyadh.
The fund was created with Saudi asset management firm Mulkia, which will manage these private real estate funds through Stake’s platform.
The aim is to make real estate investments more accessible in residential and commercial sectors.
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