| Element List | Explanation |
|---|---|
| Introduction | Al Jouf Agricultural Development Company is pleased to announce to its valued shareholders signing of a bank facilities agreement with Banque Saudi Fransi (in line with Islamic Shariah). |
| Date of obtaining the funding | 2025-01-01 Corresponding to 1446-07-01 |
| Financing entity | Banque Saudi Fransi. |
| Financing amount. | 160 million Saudi Riyals |
| Financing duration. | one year ending on 31-12-2025 |
| Guarantees offered for the financing | Promissory Note. |
| Financing objective | supporting working capital, Refinancing letter of credit and issuing letter of guarantee to support the company's expansion plans and support and financing the expansion project of the French fries factory. |
| Related Parties | There are no related parties. |
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