Ghanem, the digital real estate platform specializing in fractional ownership, announced the successful closure of a USD 7.1 million funding round from Al-Romaih Group, one of Saudi Arabia’s prominent investment conglomerates with deep expertise in real estate and financial services. This strategic step strengthens Ghanem’s trajectory toward reshaping access to property investment across the Kingdom, especially as the platform continues to scale its offerings and expand its technological capabilities.
In recent years, Saudi Arabia’s real estate market has been undergoing rapid transformation, driven by regulatory modernization and the growing appetite for diversified investment tools. Against this backdrop, Ghanem’s model—centered on fractional ownership—has emerged as a compelling solution for investors seeking flexible, transparent, and lower-barrier entry points into high-value properties. Moreover, the platform operates under the Real Estate General Authority’s (REGA) Regulatory Sandbox, a framework that provides oversight while enabling innovation. This regulatory alignment further enhances investor confidence and reinforces Ghanem’s governance-driven approach.
Strengthening the Vision for Inclusive Real Estate Investment
Commenting on the funding milestone, Saleh Al-Ghamdi, CEO and Co-Founder of Ghanem, emphasized the depth of alignment between both parties. He noted that Al-Romaih Group shares Ghanem’s ambition to democratize real estate investment and unlock broader participation in the sector. According to him, this financing will not only accelerate the platform’s expansion but will also elevate the technological infrastructure that underpins its services. Additionally, the investment supports national economic priorities by contributing to Saudi Arabia’s Vision 2030, particularly its goals related to financial inclusion and market diversification.
Ghanem has been steadily building a reputation for enabling individuals and institutions to access high-quality real estate assets with ease, transparency, and reduced risk. The fresh capital will allow the platform to develop new investment products tailored to evolving market needs, enhance user experience, and introduce advanced digital features aimed at strengthening engagement and trust.
A Partnership That Sets the Stage for Market Growth
From a strategic standpoint, the collaboration with Al-Romaih Group marks a pivotal development in Ghanem’s growth journey. By combining Ghanem’s technological expertise with Al-Romaih Group’s extensive network and investment capabilities, both entities are positioned to drive meaningful innovation within the real estate sector. Furthermore, the partnership is expected to expand the platform’s market reach and increase the diversity of available investment opportunities, ultimately deepening the Kingdom’s real estate investment ecosystem.
As the sector continues to evolve, Ghanem’s model presents a future-ready approach that aligns with global trends favoring modular, tech-enabled ownership structures. In turn, this positions the platform as a key player contributing to the modernization of real estate investment in Saudi Arabia.
