Manjam Kathib Investment, one of the leading companies in the real estate investment sector, has signed a cooperation agreement with Alinma Bank to secure financing facilities worth 340 million Riyals, as part of the company's strategy to enhance its capabilities and achieve its expansion goals. The financing aims to support the growth of affiliated companies and diversify income sources, in line with the company’s vision to transition to a more sustainable and flexible business model. Othman Al-Sulayman, CEO of Alsoliman Real Estate, praised this step, emphasizing that the financing represents a strategic tool to achieve stability for the company and to support its vision of strengthening its market position through innovative and high-quality real estate projects that adhere to the highest sustainability standards. He added that this cooperation reflects the company's ongoing commitment to diversifying its sources of funding in order to keep pace with sustainable growth and achieve long-term success. Through these financing facilities, Manjam Kathib aims to expand and develop its real estate investments of various types, with the goal of increasing the size and diversity of its project portfolio, enhancing its competitive capabilities in the market, and actively contributing to driving economic development in the Kingdom within the framework of Vision 2030 objectives.
