This support falls under the Saudi Vision for 2030 to raise the private sector’s participation in economic growth and liberalization; especially in a thriving sector such as Real Estate Development And Investment. In second place follows the contracting sector as the most contributing sector of the Kingdom’s GDP after the Oil Sector.
Eng. Abdullah Al-Jadaani, CEO of Al-Jad Real Estate Development and Investment Company, said: “We are very happy with the strategic partnership and investment of Bafarat Financial Consulting Company, which is the first investment of its kind in real estate development companies inside the Kingdom. This investment will pave the way for the company’s local and regional expansion, which will expand to include other cities inside the Kingdom, and is a cornerstone of our annual plan for 2022 to enter global markets.”