FinTechVenture

Ressan Holding Buys 20% Stake in Qirat Advisory to Support Saudi Companies

  • Ressan Holding announces the acquisition of a 20% stake in Qirat Advisory to support financial and operational solutions for companies in the Kingdom
  • The acquisition aims to expand Qirat Advisory’s market presence and support corporate needs

Saudi-based Ressan Holding has acquired a 20% stake in Qirat Advisory, a company specializing in financial solutions for businesses, with the goal of supporting a wider segment of companies and enabling them to access ready-made financial and operational solutions.

About Qirat

Qirat Advisory was founded in 2023, and has successfully established itself in a short period as an emerging player providing turnkey financial and operational solutions for companies.

The company relies on practical models that can be applied directly, without the need for customized development or complex technical modifications.

The acquisition focuses on expanding Qirat Advisory’s market presence and accelerating the development of its products, enhancing its ability to meet corporate needs in a business environment characterized by rapid change and continuous growth.

The deal will also support Qirat Advisory’s expansion plans, improve its product lines, and strengthen its capability to serve a broader base of companies — at a time when the Saudi market is witnessing increasing startup activity and growing demand for effective operational tools.

Mohamed Yahya

Ressan Holding Buys 20% Stake in Qirat Advisory to Support Saudi Companies

صحافي اقتصادي، يغطي أخبار الأسواق والاستثمار وريادة الأعمال، ويقدّم تحليلات معمّقة تعكس تطورات الاقتصاد في المنطقة العربية
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