Mabaat secures $2.4m in seed funding round

Reading Time: 2 minutesKSA: Jeddah-based property management company Mabaat has announced that it has secured SR9 million [$2.4 million] in a seed funding round led by Dubai-based venture capital fund Derayah Ventures. The company, which was established in 2019, was only officially licensed by the Ministry of Tourism in Saudi Arabia in November 2020, but it marked a significant […]