{
  "id": 7806979,
  "title": "Saudi proptech Rize secures $50 million facility from Jadwa Investment",
  "url": "https://urgent.news/2026/09/16/saudi-proptech-rize-secures-50-million-facility-from-jadwa-investment",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-16T13:00:05.000Z",
  "source": {
    "name": "Wamda",
    "slug": "wamda",
    "url": "http://wamda.com/2026/09/saudi-proptech-rize-secures-50-million-facility-jadwa-investment"
  },
  "original_language": "en",
  "account": null,
  "summary": "Saudi proptech Rize has secured a SAR187.5 million ($50 million) asset-backed Murabaha facility from Jadwa Investment to finance its portfolio of residential rental contracts. Founded in 2021 by Ibrahim Balilah and Mohammed Alfraihi, Rize operates a Rent Now, Pay Later model that allows eligible tenants to split their annual rent into 12 monthly payments, while landlords receive their rent…",
  "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."
}