Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure ..Read More

Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure deal. The acquisition will integrate Elmawkaa’s construction materials marketplace into Ayen’s property evaluation platform, enhancing its offerings for real estate clients. This strategic move positions Ayen for expansion into GCC markets, supporting its growth trajectory and broadening its services across private and public sectors.
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Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Inv ..Read More

Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Investment. Established in 2023 by Waheed Al Jassas, ARKTECH aims to deliver profitable returns on real estate investments. This funding will bolster ARKTECH's standing as the top utility contract trading platform and enable it to broaden its offerings with cutting-edge, tech-driven investment solutions.
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• Proptech

Prypco, a UAE-based proptech founded in 2022 by Amira Sajwani, has raised $10 million in Seed funding led by S ..Read More

Prypco, a UAE-based proptech founded in 2022 by Amira Sajwani, has raised $10 million in Seed funding led by Shorooq Partners, with participation from Apparel Group and others. Focused on simplifying real estate ownership, Prypco offers services through four verticals: Prypco Blocks, Prypco Mortgage, Prypco Exclusives, and Prypco Golden Visa. With Prypco Mortgage already disbursing over $136 million in home loans, the new funding will drive the company’s growth and support its expansion plans.
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• Proptech

Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. ..Read More

Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. Founded in 2024, HissaTech offers a platform that enables individuals to co-own properties, providing rental income and potential capital gains while reducing barriers for smaller investors. The investment will be used to expand its customer base, enhance its digital platform, and build strategic partnerships within the proptech sector.
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• Proptech