Innovative Sharing-economy Model for Short-term Rentals in KSA Mabaat now officially licensed by the Ministry of Tourism in KSA. Domestic tourism spends reached a whopping 53 billion Saudi Riyals in 2019. Jeddah, 5 November 2020, Mabaat Real Estate Company announced the launch of its online platform, the first of its kind in the Kingdom of Saudi Arabia, that is specialized in the short-term rental of residential units on behalf of owners. This innovative model that leverages the principle of sharing…