| Introduction |
Umm Al-Qura Cement Company announces the signing of a Shariah-compliant credit facilities agreement with the Saudi National Bank (SNB), with a total value of SAR 60 million. |
| Date of obtaining the funding |
2026-03-30 Corresponding to 1447-10-11 |
| Financing entity |
Saudi National Bank |
| Financing amount. |
SR 60,000,000 |
| Financing duration. |
One year |
| Guarantees offered for the financing |
promissory note amounting to SAR 66 million |
| Financing objective |
Financing working capital and capital expenditures, in addition to issuing letters of guarantee and opening Letters of credits. |
| Related Parties |
None |
| Additional Information |
The company shall have no liability should the credit facilities granted not be utilized |
