{
  "id": 16304925,
  "title": "Saudi property platform Ghanem adds $1.5m in funding",
  "url": "https://urgent.news/2026/10/24/saudi-property-platform-ghanem-adds-1-5m-in-funding",
  "topic": "world",
  "section": "World",
  "published": "2026-10-24T08:56:26.000Z",
  "source": {
    "name": "Arabian Post",
    "slug": "arabian-post",
    "url": "https://thearabianpost.com/saudi-property-platform-ghanem-adds-1-5m-in-funding/"
  },
  "original_language": "en",
  "account": "Saudi property technology firm Ghanem has secured an additional $1.5 million in pre-seed funding, raising its total early-stage financing to $8.6 million. The new investment, led by property companies and strategic angel investors, will be used for product development, expanding property investment options, and partnerships within the Saudi real estate market. Ghanem's platform enables individuals and institutions to purchase fractional interests in income-generating real estate properties, starting at 1,000 Saudi riyals. The company has already issued digital fractional ownership deeds to 580 investors for its first income-producing property. Ghanem joined Saudi Arabia's Real Estate General Authority's regulatory sandbox to test its fractional ownership service, ensuring compliance with regulations. The financing aligns with the company's goal of simplifying access to property ownership through digital transactions, supported by documentation in each investor's name.",
  "summary": "Arabian Post Staff -Dubai Saudi Arabian property technology company Ghanem has secured an additional $1.5 million in pre-seed financing, lifting the size of its early-stage funding round to $8.6 million as it expands a digital platform for fractional ownership of income-generating real estate. The extension attracted property companies and strategic angel investors, the Riyadh-based business…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}