| Introduction |
Saudi Advanced Industries Co announces that it has obtained credit facilities compatible with the provisions of Islamic Sharia at competitive prices in the amount of (100,000,000) Saudi Riyals from Al-Rajhi Capital , for the purpose of expanding the company’s investments. |
| Date of obtaining the funding |
2023-07-18 Corresponding to 1444-12-30 |
| Financing entity |
Al-Rajhi Capital |
| Financing amount. |
100,000,000 Saudi riyals |
| Financing duration. |
One Year |
| Guarantees offered for the financing |
Promissory note |
| Financing objective |
To cover the expansion of the company’s investments |
| Related Parties |
there is no |
| Additional Information |
there is no |