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Al Waha SAR 50M Credit

Al Waha SAR 50M Credit

Zahrat Al Waha Trading Company (“Al Waha”) signed a Sharia-compliant credit facilities agreement with Al Rajhi Bank for SAR 50 million on November 8, 2026. The facilities run through August 31, 2027, and are intended to open documentary credits for purchasing raw materials and to finance working capital. They are secured by a promissory note for the full facility amount. The agreement involves no related parties.

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