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Al-Dawaa boosts credit line to 350M Riyals
The Saudi Pharmaceutical Industries and Medical Appliances Company "Spimaco Al-Dawaa" has increased its credit facilities with the National Commercial Bank of Saudi Arabia to 350 million riyals. The agreement, signed on June 11, 2026, includes an increase in the short-term financing limit from 200 million riyals to 350 million riyals for a period of nine months, to fund working capital needs, with guarantees in the form of a promissory note and without related parties.
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