Terms and Conditions - Mamalekat

1. Definitions

For the purposes of these terms and conditions, the following terms shall have the meanings set forth below:

  • Mamalekat Company: A company specialized in business brokerage between investors and project owners, providing consulting services and coordinating investment opportunities.

  • Investor: Any individual or legal entity registered on the platform for the purpose of seeking investment opportunities.

  • Project Owner: Any individual or company offering an investment project for funding or partnership.

  • Platform: The Mamalekat electronic platform, including all services and digital content provided through it.

  • Agreement: These terms and conditions that govern the use of the platform and the services provided through it.

2. Scope of Use

  • The user acknowledges that the use of the platform is for lawful and legitimate business purposes only, in accordance with the regulations of the Kingdom of Saudi Arabia, including the e-commerce law and the Saudi companies law.

  • Users are prohibited from engaging in any of the following actions:

    • Providing false or misleading information during registration or transactions on the platform.

    • Posting or sharing any content that violates laws or intellectual property rights.

    • Using the platform to conduct any fraudulent or illegal transactions.

    • Attempting unauthorized access to other users' data or the internal system of the platform.

3. Account Registration

  • Users are obliged to provide accurate and complete information during registration, including (name, mobile number, email, country, city, type of investment, and expected investment size).

  • Mamalekat Company has the right to refuse or cancel the registration of any user without prior notice if it is found that false information has been provided or that there is a violation of regulations.

  • The user is fully responsible for the confidentiality of their account data and any activities conducted through it, and Mamalekat Company shall not be liable for any losses resulting from unauthorized use of the account.

4. Confidentiality and Data Protection

  • Mamalekat Company is committed to protecting users' data in accordance with the Saudi Personal Data Protection Law (PDPL).

  • All investment projects listed on the platform are subject to a Non-Disclosure Agreement (NDA) that must be signed before sharing any sensitive details.

  • Neither the investor nor the project owner may share or republish the investment or financial information obtained through the platform without prior written consent.

5. Presenting Investment Opportunities and Processing Mechanism

The investor has the right to choose how to submit the investment opportunity according to the following options:

  1. Send opportunity details via email or WhatsApp – to be sent within (24 hours).

  2. Present the opportunity online via a virtual meeting – a meeting will be scheduled within (72 hours).

  3. Present the opportunity in-person at Mamalekat's premises – the meeting will be scheduled within (5 business days).

Mamalekat Company shall not be liable for investment decisions made based on the provided information, as the final decision rests solely with the investor.

6. Fees and Commissions

  • Mamalekat Company has the right to impose fees or commissions on certain investment services, and the fees will be specified in the contracts or agreements entered into between the parties.

  • All fees are subject to the financial and accounting regulations in the Kingdom of Saudi Arabia, including the zakat and tax law.

  • Mamalekat Company reserves the right to suspend or terminate services in case of non-payment of due fees.

7. Legal Liability

  • Mamalekat Company acts solely as an investment intermediary and assumes no legal or financial responsibility for the outcomes of transactions between investors and project owners.

  • Users assume full responsibility for their investment decisions, and they must conduct due diligence before completing any investment deal.

  • Mamalekat Company has the right to suspend or cancel the account of any user who violates these terms or misuses the services provided through the platform.

8. Termination or Modification of Services

  • Mamalekat Company reserves the right to modify or suspend any service provided through the platform without prior notice, in accordance with business interests and the requirements of Saudi regulations.

  • The user has the right to cancel their account at any time, but this does not exempt them from any existing financial or legal obligations.

9. Dispute Resolution and Applicable Law

  • These terms and conditions are subject to the laws and regulations of the Kingdom of Saudi Arabia, including the e-commerce law, the companies law, and the cybercrime law.

  • In case of any dispute between the parties, it shall be first resolved amicably, and if that is not possible, it shall be subject to the jurisdiction of Saudi courts.

10. Amendments to the Terms and Conditions

  • Mamalekat Company reserves the right to amend these terms and conditions at any time in accordance with legal changes or business requirements.

  • Users will be notified of any updates via the website or the registered email.

11. Acceptance of Terms

  • By using this site, the user acknowledges that they have read and understood all terms and conditions and that they agree to comply with them fully.

  • If the user does not agree to any provision of these terms, they should refrain from using the site and the services provided through it.

The Terms and Conditions for Project Registration
1. Data Accuracy

I acknowledge that all data and information provided in the form are correct and accurate, and I assume full responsibility in case any incorrect or misleading information is provided.


2. Study and Acceptance of Projects

The company studies the submitted project based on specific professional criteria, including evaluating the idea, business model, readiness, and investment opportunities.
The applicant acknowledges that submitting the form does not mean the project is accepted or that there is a commitment to provide mediation or marketing services for it.
It is also acknowledged that the acceptance rate of projects with innovative or unique ideas is limited and may be subject to additional criteria.


3. Working Policy

The applicant agrees to adhere to the company's approved working policy, which includes the following steps:
Submitting the registration request including all required data.
Holding an introductory in-person meeting at the Mulkait Company headquarters to discuss the project and its needs preliminarily.
Studying the project from technical, financial, and operational aspects after the introductory meeting.
Signing the contract upon acceptance of the project.
Starting the mediation process to present the project to investors after signing the contract.


4. Company's Liability Limitations

You acknowledge that the company does not guarantee the project will receive investment or partnership, as its role is limited to providing mediation services in accordance with professional standards and the agreement made.


5. Submission of Documents and Materials

The applicant is committed to providing all documents and information required to support the project study, and ensures their accuracy and validity.


6. Privacy Policy

I acknowledge reading and agreeing to the company's approved privacy policy, which ensures the confidentiality of information and will not be used except in the context of providing the service.


7. Dispute Resolution and Applicable Law

These terms and conditions are subject to the regulations and laws of the Kingdom of Saudi Arabia, including the Electronic Commerce Law, Companies Law, and Cyber Crimes Law.
In the event of any dispute between the parties, it will be resolved amicably first, and if that fails, it will be subject to the jurisdiction of Saudi courts.


8. Amendments to the Terms and Conditions

Mulkait Company reserves the right to amend these terms and conditions at any time in accordance with legal changes or business requirements.
Users will be notified of any updates via the website or through the email they have registered.

-Terms and Conditions for Project Registration

1. Accuracy of Data

I acknowledge that all data and information provided in the form is correct and accurate, and I bear full responsibility in the event that any incorrect or misleading data is submitted.


2. Project Review and Acceptance

The company reviews the submitted project based on specific professional criteria, including the evaluation of the idea, business model, readiness, and investment opportunities.
The applicant acknowledges that submitting the form does not in any way mean acceptance of the project or commitment to provide brokerage or marketing services for it.
It is also acknowledged that the acceptance rate for projects with innovative or unique ideas is limited and may be subject to additional criteria.


3. Work Policy

The applicant agrees to adhere to the work policy approved by the company, which includes the following steps:
Submitting the registration application including all required data.
Holding an introductory meeting in person at the headquarters of Mamlakat Company to discuss the project and its preliminary needs.
Studying the project from the technical, financial, and operational aspects after the introductory meeting.
Signing the contract upon acceptance of the project.
Starting the brokerage process to present the project to investors after signing the contract.


4. Company's Liability Limits

It is acknowledged that the company does not guarantee that the project will receive investment or partnership, as its role is limited to providing brokerage services in accordance with professional standards and the agreement made.


5. Submission of Documents and Materials

The applicant is obliged to provide all documents and information required to support the study of the project, ensuring their accuracy and integrity.


6. Privacy Policy

I acknowledge that I have read and agreed to the privacy policy approved by the company, which ensures the confidentiality of information and its use only in the context of providing the service.


7. Dispute Resolution and Applicable Law

These terms and conditions are subject to the laws and regulations of the Kingdom of Saudi Arabia, including the E-Commerce Law, the Companies Law, and the Anti-Cyber Crimes Law.
In the event of any dispute between the parties, it will be resolved amicably first, and if that is not possible, it will be decided by the Saudi courts.


8. Amendments to the Terms and Conditions

Mamlakat Company reserves the right to modify these terms and conditions at any time in accordance with legal changes or business requirements.
Users will be notified of any updates via the website or the registered email.