AlJadd Real Estate Development and Investment raised 3m SAR

by WAYA Staff - Mar 1, 2022

AlJadd Real Estate Development & Investment signs an investment agreement of SAR 3m with Bafarat Financial Consultancy. The partnership aims at accelerating the company’s regional and international expansion within the real estate sector.

“It is with great pleasure that we sign this investment agreement with Bafarat Financial Consultancy, this is an outstanding investment that will have a great impact on the real estate sector in Saudi Arabia, and will pave the path for our national expansion which will include major cities in the Kingdom, and is considered a cornerstone to tap into new regional and international markets by the end of 2022,” Abdullah Al Jadani, CEO of AlJadd Real Estate Development & Investment, stated.

The company is keen to enter Arab and foreign markets, such as the United Arab Emirates and Egypt, and from there to Europe and Africa within the company’s three-year plan.

“We believe in this promising partnership and strategic investment in AlJadd Real Estate Development and Investment Company, which is considered a key investment for Bafarat Financial Consulting Company for the first quarter of 2022, and we commend its ability to build and develop innovative projects that are compatible with the population growth in the Kingdom, and the modern changes that shape the main pillar of investment in this sector, and its support to achieve a qualitative leap into a new level of successful real estate projects,” Esslam Bafarat, CEO of Bafarat Financial Consultancy, said.

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