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Safqah Capital, a Saudi-based fintech platform, is preparing for a future listing on the Saudi financial market. Chief Executive Officer Abdullah Alsubaie revealed that the company has facilitated nearly 5 billion Saudi riyals ($1.33 billion) in financing since launching two years ago. The platform focuses on real estate development projects, providing capital through debt instruments and sukuk, which have funded approximately 5,000 housing units across the Kingdom.
