| Element List | Explanation |
|---|---|
| Introduction | Dar Al Majed Real Estate Company announces the signing of a Shariah-compliant banking facilities agreement with the Arab National Bank, aimed at supporting the Company’s expansion plans and financing its future projects in line with its approved strategic plan. |
| Date of obtaining the funding | 2026-01-19 Corresponding to 1447-07-30 |
| Financing entity | Arab National Bank (ANB) |
| Financing amount. | SAR 500,000,000 (Five Hundred Million Saudi Riyals) |
| Financing duration. | The financing term extends for up to five years and includes a grace period of two years. |
| Guarantees offered for the financing | Promissory notes |
| Financing objective | to support the Company’s expansion plans and future projects in accordance with its strategic plan. |
| Related Parties | N/A |
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