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Al-Ta'allum Academy Gets 24M Riyal Loan
The Learning Academy Company received a credit facility of 24 million Saudi Riyals from Alinma Bank, with a five-year term, to support its expansion plans and increase revenues. The guarantees include a joint guarantee from the Chairman of the Board and a promissory note. The company clarified that the financing complies with Islamic law and is free of related-party interests.
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