Omalaq Al-Alamiya sells 133.7M riyal finance portfolio

Amalak Global for Finance has signed an agreement with the National Commercial Bank of Saudi Arabia to sell a portfolio of consumer finance contracts worth 133.67 million Saudi Riyals, aiming to enhance liquidity and diversify funding sources. Under the agreement, the company can sell additional portfolios valued at up to 500 million Riyals, supporting its expansion plans and asset management improvements. Its positive financial impact is expected to appear in the company's results during the second quarter of 2026.

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