Saudi Proptech Ghanem Secures 7.1 Million Dollars from Al Romaih Group

Abbas Aziz By Abbas Aziz
3 Min Read

Saudi Arabia’s real estate investment landscape continues to evolve as digital platforms gain traction. Ghanem, a new proptech player focused on fractional property ownership, has secured 7.1 million dollars in fresh funding from the Al Romaih Group. The company aims to open real estate investing to a wider audience through simple structures, low entry points, and strong regulatory oversight.

Ghanem’s Vision for Accessible Real Estate Investment

Ghanem launched in 2025 under the leadership of Saleh Al Ghamdi and Amr Essam. The founders set out to reshape real estate participation in the Kingdom. The platform removes traditional financial barriers and invites more people to invest in property markets with confidence. It offers clear information, flexible options, and secure investment processes designed for both retail and institutional investors.

The company operates under the Regulatory Sandbox of the Real Estate General Authority. This oversight reinforces trust and ensures that users engage with a platform that meets governance and compliance standards.

A Strategic Investment That Expands Possibilities

The latest investment marks a major shift in Ghanem’s growth journey. It strengthens the company’s long term plans and supports bold expansion into untapped segments of the real estate market. Al Romaih Group brings decades of experience in property development and financial services. This partnership gives Ghanem the backing it needs to scale fast and deliver advanced solutions to a growing investor base.

Key areas of focus after the funding round include:

  • Development of new investment products
  • Expanded technology infrastructure
  • Improved user experience
  • Stronger market presence across Saudi Arabia

These steps aim to align Ghanem’s progress with the broader goals of Vision 2030, which seeks to diversify the economic landscape and grow real estate’s contribution to the national economy.

Leadership Perspective on the Partnership

Saleh Al Ghamdi, CEO and co founder, highlighted the importance of the new partnership. He noted that the two groups share a long term goal to expand real estate investment opportunities for individuals across the Kingdom. He also explained how the investment will fuel product innovation and help more people take part in high quality real estate assets through fractional structures.

His comments reflect a larger trend. Many Saudi investors prefer transparent platforms that simplify market entry and reduce traditional complexity. Ghanem stands ready to serve this shift with modern tools and clear processes.

A Step Toward a More Inclusive Real Estate Market

Ghanem’s latest funding round signals growing investor confidence in digital real estate models. With strong backing and a clear roadmap, the platform aims to offer more diverse investment choices and help reshape how people approach property ownership. The partnership gives Ghanem the capacity to innovate, scale, and reach new user groups across Saudi Arabia.