Sumtech's online auction platform closed earlier this week the Al-Nakheel scheme auction, under the supervision of the attribution and liquidation center “Enforcement” the largest electronic real estate auctions in Saudi Arabia, with a total value exceeding 600 million riyals. The number of registrants in the auction reached +2300 registrants and +600 participants in the auction, the number of bids reached +18000 bids, and the number of plots reached 381 plots.
<In a speech on this occasion, Mr. Khalid Al-Dosari, CEO of Sumtech, praised the efforts of the team and the support of the partners for the auction to facilitate the process of selling it to buyers, boasting that it is considered the largest electronic real estate auctions in the Kingdom with areas of nearly one million square meters sold through Sumtech, and Al-Dosari described the bidding process as taking place in easy steps He also mentioned that the bidding process is carried out safely and securely with the care of the platform's team with the data of selling agents and individual investors, and their keenness to take accreditation from the competent government authorities in the Kingdom to gain full confidence.
<It is noteworthy that the Sumtech National Platform for Electronic Auctions specializes in offering real estate for sale through electronic auctions with a digital experience 100%, and is considered one of the first platforms <a style="color: #800000;" href="https://amlak.net.
Electronic Auctions
Certified by the Kingdom's Enforcement Center, BIM Ventures is a studio startup that builds and invests in tech startups.
BIM Ventures is one of the first companies in the Kingdom to launch the new technology startup program in the UAE. Mr. Mohammed Amin Marah, Managing Partner and CEO of BIM Ventures, expressed his pride in the journey of this pioneering platform, which was launched at the end of 2022 and achieved impressive achievements in record time, and pointed to the team's high ambitions and high motivation to make a difference in the technical real estate arena.
