Saudi Arabia–based Ghanem has raised USD 7.1 million from Al-Romaih Group to accelerate the development of its fractional real estate investment platform.

Founded in 2025 by Saleh Al-Ghamdi and Amr Essam, Ghanem enables individuals and institutions to access real estate investments through a low-entry, transparent and flexible digital model. The platform operates under the Real Estate General Authority’s Regulatory Sandbox framework, which is designed to promote innovation while ensuring compliance and investor protection.

The investment will support Ghanem’s expansion and product roadmap, with a focus on advancing its technology stack and deepening market penetration. The company said it is targeting broader participation in Saudi Arabia’s real estate sector, positioning fractional ownership as an accessible investment pathway aligned with Vision 2030 economic diversification goals.

CEO and co-founder Saleh Al-Ghamdi said the partnership with Al-Romaih Group will enable Ghanem to “expand offerings, strengthen market presence and help widen the base of real estate investment opportunities across the Kingdom.”

Ghanem joins a growing cohort of startups offering fractional real estate investment solutions across the region, including Stake, Prypco and Egypt-based Nawy.