24 Hrs
Source:
الاقتصادية
Diamond leasing enters Saudi market
The "Piece of Jewelry" platform in Saudi Arabia has launched a luxury diamond and jewelry rental service, aiming to convert unused jewelry into income-generating assets. The project started with an initial investment of 80,000 SAR and raised two million SAR in an investment round just one week after the platform's launch. Currently, it offers 80 sets, with initial revenues reaching approximately 10,000 SAR. The rental process is conducted through the app, with financial guarantees to protect the rights of all parties. This service reflects the growth of sharing economy models and the utilization of underused assets in the Saudi market.
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