Finance & Investment

Saudi Technology Fund acquires 92% from PropertyNet to foster innovation and expansion in the real estate technology sector

Reading time: < 1 MinuteThe Saudi Technology Fund (STF) announced its acquisition of 92% from “Property Net,” a leading provider of real estate management software solutions in the Kingdom of Saudi Arabia. The aim is ... Read more

The deal enables PropertyNet to expand internationally and accelerate the development of innovative software solutions for the real estate management industry.

02/12/2024

22 new agreements at the Saudi-Italian Investment Forum strengthen the economic partnership between the two countries

22 new agreements to boost Saudi-Italian economic cooperation in multiple fields during the Investment Forum in Riyadh.

575 billion dollars in total agreements and deals at the Saudi-American Investment Forum“

575 billion dollars worth of agreements at the Saudi-American Investment Forum 2025 in Washington.

The government's genie is waking up: Digitar threatens to swallow 71 real estate platforms. Who will survive the “digital purge”?

The launch of Digitar is shaking up the market with the integration of official services and a six-month free offer, putting smaller platforms under pressure.

Residential program

“ROSHN secures SAR 2 billion credit facility to finance the acquisition of ROSHN Frontage”

Seven-year Islamic agreement with National Bank of Saudi Arabia to strengthen retail and commercial sectors and enhance tenant and visitor experience

Mohammed Al Dosari - Success Story

Success story: Mohammed Al Dosari “The nightingale of auctions and the godfather of successful deals

Thousands of auctions and managed real estate transactions exceeding SAR 3 billion with a clear commitment to transparency and professionalism

Saudi Technology Fund acquires 92% from PropertyNet to foster innovation and expansion in the real estate technology sector

The deal enables PropertyNet to expand internationally and accelerate the development of innovative software solutions for the real estate management industry.

Qassim Cement acquires Hail Cement, increases capital to SR 1.105 billion

Hail Cement will be delisted and Qassim Cement will issue 20.56 million shares to its shareholders.

Housing Incubator

Real Estate Housing Incubator Acquires 100% Real Estate Brain (ReBrain)

The platform has provided more than 57,000 real estate services and information since the launch of its first phase in mid-2023.

Bani Al Khaleej and Dorra sign agreement to launch CRC-Dorra Saudi Arabia

The partnership allows CRC-DORRA to utilize BUNA's expertise and local network to enter the Saudi contracting market.

Qassim Cement signs binding agreement to acquire Hail Cement

Agreement to make a takeover offer by issuing new shares, Qassim shareholders 81.4% and Hail shareholders 18.6%.

Public Investment Fund

Public Investment Fund acquires Saudi Iron and Steel Company (SABIC)

Monsha'at - Small and Medium Enterprises

24,540 SMEs Receive Enterprise Size Certificate

Saudi and Vietnamese Business Forum - Investment

20 Vietnamese companies express interest in investing in Saudi Arabia

Riyad Bank with the National Center for Privatization

Riyad Bank incentivizes corporate clients to invest in privatization projects

Riyadh city

According to a recent report CEOs: Expect growth through M&A and digital investment

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