Stake, a leading global digital real estate investment platform in the Middle East and North Africa region, is revolutionizing Saudi Arabia’s real estate market by opening its doors to international investors. Following its official launch in December, Stake has become the first platform regulated by the Capital Market Authority to enable global participation in Shariah-compliant Saudi real estate investment opportunities. This milestone marks a pivotal shift in the Kingdom’s real estate sector, aligning with Vision 2030 and positioning Saudi Arabia as a global investment hub.

Stake’s inaugural investment opportunity in the Kingdom has already attracted more than 3,500 investors from over 100 nationalities and 70+ countries, a testament to the platform’s international appeal and accessibility. 

Saudi Arabia remains the dominant country, with 46.48 percent of investors residing in the Kingdom, reflecting a strong local engagement and appetite for their home country. Overseas, there’s been a significant participation from neighboring countries such as the UAE (17.57 percent) followed by Kuwait (8.47 percent), and key international markets such as the UK (4.18 percent), and US and Canada (2.43 percent).

Along with expansive reach across these countries, the platform has attracted a wide range of nationalities. Saudi Arabia holds the most prominent share (30.95 percent), followed by Pakistan (8.39 percent), closely followed by India (7.65 percent), and Kuwait (7.48 percent). South Asian markets have a high affinity to the GCC and are eager to participate in the Saudi growth story, so the appetite Stake is witnessing comes as no surprise. 

“Saudi Arabia’s booming economy, coupled with Vision 2030’s focus on economic diversification and innovation, presents a once in a lifetime opportunity for investors around the world,” said Hanouf bin Saeed, general manager of Stake Saudi. “By bridging international capital with high-growth Saudi real estate investment opportunities, we are not just democratizing property investing — we are helping reshape the Kingdom’s global economic narrative.”

Stake’s innovative platform offers investors seamless access to curated, Shariah-compliant real estate opportunities starting from as little as SR500 ($133). Through partnerships with leading firms like Mulkia Investment Company and developers such as Al-Rajhi Seventh, Stake is building a robust pipeline of attractive residential and commercial assets.

Since its founding in 2021, Stake has built an international community of over 900,000 users spanning 206 nationalities. Backed by top-tier investors such as Aramco’s Wa’ed Ventures, Mubadala Investment Company, and Al-Jomaih Holding, Stake is poised to expand its impact in Saudi Arabia and beyond.

Najm for Insurance Services has signed an MoU with Theeb Rent a Car Company to enhance joint cooperation and improve vehicle rental and repair services. This collaboration will promote traffic safety and protect road users as well as vehicle renters.

The signing ceremony took place on Jan. 1 at the headquarters of Najm in Riyadh. The MoU was signed by Mohammed Yahya Al-Shehri, CEO of Najm, and Naif Mohammed Ahmad Al-Theeb, CEO of Theeb Rent a Car, in the presence of senior leaders from both companies.

The MoU outlines several key areas of cooperation, including vehicle repair and maintenance services through Najm’s recently launched Najm Repair Network, insurance claims management, and insurance record management, for Theeb’s vehicle fleet. Additionally, Najm will provide traffic accident management services. The MoU is also exploring joint business opportunities in vehicle services, as well as knowledge-sharing and training.

Al-Shehri said: “At Najm, we are committed to forming partnerships that extend the benefits of our innovative services and empower the insurance sector while enhancing safety on Saudi roads. For instance, the Najm Repair Network provides vehicle owners with access to high-quality repair services at centers approved by the Saudi Standards, Metrology and Quality Organization, which are available throughout the Kingdom.”

He added: “This collaboration aligns with Najm’s strategy to innovate solutions that improve operational efficiency and enhance the quality of life and safety in our society, in line with the goals of Vision 2030. Through the Najm Repair Network, we deliver numerous benefits, including an improved customer experience after accidents, repair services for third-party insurance customers, and a guaranteed, high-quality repair process. These services not only enhance safety and reduce fraud but also manage insurance costs and increase investment in the vehicle repair sector.”

Meanwhile, CEO Al-Theeb said: “We are proud of the advancements in Najm’s services and capabilities, and we are honored to contribute to this progress. This partnership will have a direct and positive impact on enhancing traffic safety across the Kingdom.”