GIB Capital, a financial advisory and asset management firm, has announced the signing of a strategic partnership with Nubul Real Estate during the Cityscape Global 2024 event in Riyadh. This agreement aims to strengthen collaboration between the two parties on multiple joint real estate projects in Saudi Arabia, aligned with a shared vision to drive real estate development and support the objectives of Vision 2030.

Commenting on the partnership, Abdulhadi Shahadah, Head of Financial Markets at GIB Capital, stated:
"We are proud to sign this partnership with Nubul Real Estate. This agreement is a strategic step that reflects our commitment to supporting the Kingdom's real estate sector by providing innovative financial solutions that enhance the investment environment and enable the development of high-quality projects to meet growing market demand."

Eng. Fahad Al-Ojaimi, Chief of the Investment Sector at Al-Ojaimi Holding, also expressed his excitement about the collaboration, saying: "We are thrilled to partner with GIB Capital, as we believe this partnership will accelerate the execution of our ambitious projects and drive a significant shift in delivering innovative real estate solutions that align with our clients' aspirations. We look forward to achieving great successes together in the coming period."

This partnership underscores both companies' commitment to fostering collaboration between the financial and real estate sectors to achieve sustainable development goals in Saudi Arabia. It aims to expedite the execution of large-scale projects that fulfill local market needs and contribute to realizing Vision 2030.