Strategic Partnership Between Saqifah Real Estate Development and Jana Financial to Enhance Real Estate Projects

Saqifah Real Estate Development Company announced the signing of a strategic partnership agreement with Jana Financial Company, aimed at enhancing cooperation between the two companies and providing innovative financial solutions to support real estate development projects in Saudi Arabia. This partnership aligns with the efforts of both companies to achieve the Kingdom’s Vision 2030 by offering integrated housing and financial solutions that meet the needs of the local market.

Partnership Details: The partnership between Saqifah and Jana Financial includes several key aspects:

1. Financing Real Estate Projects: Jana Financial will provide the necessary funding for real estate development projects undertaken by Saqifah, contributing to the acceleration of project implementation and ensuring their quality.
2. Offering Innovative Financial Solutions: The two companies will work on developing innovative financial products that meet customer needs, such as easy mortgage financing programs and flexible payment plans.
3. Enhancing Strategic Cooperation: The partnership aims to strengthen cooperation between the two companies in research and development, and the exchange of expertise and knowledge, contributing to the improvement of project quality and services provided to customers.

CEO of Saqifah’s Statement: In his statement, Mr. Abdulrahman bin Mohammed Al-Majed, CEO of Saqifah, expressed his happiness with the signing of this agreement, noting that the partnership with Jana Financial represents an important step towards achieving the company’s goals of providing innovative housing solutions that meet the aspirations of citizens. He added, “We are committed to delivering the highest quality standards in all our projects, and we always strive to achieve customer satisfaction by providing high-quality residential units with modern designs.”

CEO of Jana Financial’s Statement: Mr. Mohammed bin Abdullah Al-Qahtani, CEO of Jana Financial, emphasized the importance of this partnership in enhancing the company’s role in supporting the real estate development sector in the Kingdom. He said, “We are proud to collaborate with Saqifah, and we look forward to achieving mutual successes by providing innovative financial solutions that contribute to improving the quality of life for citizens.”

Partnership Goals: The partnership between Saqifah and Jana Financial aims to achieve several strategic objectives, including:

• Accelerating the Implementation of Real Estate Projects: By providing the necessary funding and ensuring quality execution.
• Offering Innovative Financial Solutions: That meet customer needs and facilitate the process of purchasing residential units.
• Enhancing Strategic Cooperation: Between the two companies in research and development and the exchange of expertise.

This partnership is an important step towards achieving the Kingdom’s Vision 2030, as it contributes to providing integrated housing and financial solutions that meet the needs of the local market and enhance the quality of life for citizens.