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Saudi Advanced Industries Co. Announces...

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Saudi Advanced Industries Co. Announces Obtaining a obtained credit facilities that are compatible with the provisions of Islamic Sharia at competitive prices.

  • Date : 2023-07-18
Element List Explanation
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