| Element List | Explanation |
|---|---|
| Introduction | Saudi Advanced Industries Company (SAIC) announces the renewal of Sharia-compliant credit facilities with Al Rajhi Capital. The details are as follows: |
| Date of obtaining the funding | 2026-07-14 Corresponding to 1448-01-29 |
| Financing entity | Al Rajhi Capital |
| Financing amount. | 60,000,000 SAR |
| Financing duration. | One Year |
| Guarantees offered for the financing | Pledging a portion of the investment portfolio assets equivalent to the value of the credit facilities & Promissory Note |
| Financing objective | To support the company’s investment expansion. |
| Related Parties | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.