Riyadh - Sharikat Mubasher: Sharikat Mubasher has signed a media partnership agreement with Safqah Capital, a Saudi platform licensed by the Capital Market Authority and the first to provide debt financing tools to the real estate development sector in the Kingdom.
The partnership was signed during the Biban Forum, held in Riyadh from November 5 to 9. The deal aims to highlight the investment and financial services provided by Safqah Capital to real estate development companies and investors in the Saudi market and enhance the spread and interaction of Safqah Capital activities in the Saudi market's media.
Abdo Khoury, General Manager at Sharikat Mubasher, described this partnership as an important step towards enabling the dissemination of financial culture and shedding media light on the services of one of the most promising financial technology platforms in the Kingdom which not only provides debt financing tools for the real estate developers but also access for investors in such an important alternative investment in the Kingdom of Saudi Arabia.
Khoury added: “We are pleased at Sharikat Mubasher, as a Saudi platform that aims to enable emerging, companies to access professional media coverage, to provide our services of Media and marketing to publishing the activities offered by Safqah Capital in the Saudi market through our various media platform and social media channels, with our extensive media experience in the field of business media and the reach to the financial community in the Kingdom, the Middle East, and North Africa.”
Abdullah Alsubaie, Founder and CEO of Safqah Capital, said: “This partnership is indeed important for both Mubasher and Safqah Capital, as we both target a similar segment of audience and customers.”
Al-Subaie added: “We aim to spread the culture of saving and investment through this media partnership between Safqah Capital and Sharikat Mubasher to reach a large segment of investors and real estate developers.”
He further noted that this partnership is a great opportunity to spread further investment awareness.
It is worth noting that Safqah Capital was established in 2023. It is a Saudi financial platform licensed by the Capital Market Authority (License No. 2023-5-3) and is considered the first to provide debt financing tools for the real estate development sector in the Kingdom.
The financial platform provides highly collateralized low-risk investment opportunities, offering various real estate projects including land purchases, and residential and commercial development, along with default insurance for off-plan sales projects under the “Wafi” program. It also provides investors with the possibility of collective investment through sukuk and is keen to diversify and carefully evaluate each deal to reduce risks and achieve profitable returns for investors in the long term.
Further, the platform enables investors to exercise their rights as owners of approved investment bonds following the provisions of Sharia by using advanced technologies to access all services electronically securely, and easily.
As for Sharikat Mubasher, it is an integrated media platform that works to develop a digital presence and increase commercial opportunities for companies and institutions.
The platform provides comprehensive support to the business network by providing the means and tools necessary to reach potential customers on a wide scale, allowing companies and institutions to explore new opportunities for growth and expansion. It also helps in achieving the marketing goals of institutions with high efficiency.
Sharikat Mubasher is the link between companies, the public, and customers; by linking private sector companies with service providers and potential customers within an integrated ecosystem. This enables you to enhance your presence and expand your reach, in addition to enhancing awareness of the companies’ brands creating marketing opportunities, and diversifying the provision of media services through newsletters, news, exclusive interviews, and specialized reports to develop digital media presence, as well as an integrated management of social media accounts and developing digital presence strategies.
