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2026-09-17T06:38:29.015Z

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Al-Wataniya unit renews 50m riyal facilities with Al-Jazira

Al-Wataniya unit renews 50m riyal facilities with Al-Jazira

The National Construction and Marketing Company has renewed its banking facilities agreement worth 50 million Riyals with Bank Aljazira, to provide working capital financing for its subsidiary, Ajij Steel Manufacturing Plant. The financing term is 120 days, with guarantees relying on a promise of compensation and performance from the company, without involving any related parties to the agreement. This financing reflects the company's ongoing efforts to meet its funding needs in accordance with established banking terms.

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