Ghanem, a Riyadh-based digital real estate investment platform specializing in fractional ownership solutions, has secured $7.1 million in new funding from Al-Romaih Group. The investment marks a significant step forward for one of the Kingdom’s most active emerging real estate technology players, as it works to expand investor access to institutional-grade property opportunities.
Al-Romaih Group, which has longstanding experience in both real estate and financial services, is backing Ghanem at a moment of rapid growth for alternative investment models in Saudi Arabia. The new capital strengthens Ghanem’s efforts to expand its investment products, enhance its technology infrastructure, and grow its presence across the Saudi market.
Ghanem operates within the Regulatory Sandbox of the Real Estate General Authority, a structure that supports innovation in property investment while reinforcing investor protection and governance standards. The platform’s model is designed to broaden participation in real estate by reducing minimum entry thresholds and creating more flexible vehicles for both individuals and institutions.
The company views this latest funding as a catalyst for accelerating expansion plans and developing new investment solutions that align with the broader goals of Vision 2030. The partnership is expected to deepen the range of opportunities available to investors and contribute to the continued diversification and modernization of the Saudi real estate sector.
KEY QUOTE:
“We are proud of our partnership with Al-Romaih Group, which shares our vision of developing the real estate investment sector and enabling more individuals to benefit from fractional ownership opportunities. This investment will help us expand our product offerings, advance our technology, and strengthen our market presence, contributing to the realization of Saudi Arabia’s Vision 2030 and broadening the base of real estate investment in the Kingdom.”
Saleh Al-Ghamdi, CEO and Co-Founder of Ghanem
