| Element List | Explanation |
|---|---|
| Introduction | Saudi Advanced Industries Co. Announces the renewal of a credit facility Compatible with the provisions of Islamic Sharia with Al-Rajhi Capital in the amount of (100,000,000) Saudi Riyals for the purpose of expanding the company's investments. |
| Date of obtaining the funding | 2024-07-11 Corresponding to 1446-01-05 |
| Financing entity | Al-Rajhi Capital |
| Financing amount. | 100,000,000 Saudi riyals |
| Financing duration. | One Year |
| Guarantees offered for the financing | Mortgaging a portion of the investment portfolio assets equivalent to the value of the credit facilities |
| Financing objective | To cover the expansion of the company's investments |
| Related Parties | There is no |
| Additional Information | There is no |
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