Tadweer secures 60M riyal credit with Al-Ahli
Tadweer Environmental Company announced that it has signed a credit facility agreement worth 60 million Saudi riyals with the National Commercial Bank of Saudi Arabia. The goal is to improve its financial position, reduce financing costs, and support working capital. Part of the funds will be used to settle previous debts, while the remaining will be allocated to enhance liquidity to support operational activities. The financing term is 12 months, secured by a promissory note, with no related parties involved, and in accordance with Shariah principles.
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