Zahrat Al Waha for Trading Co  announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank

Agreement renewal date: 07-05-2023 Corresponding to 17-10-1444

Agreement amount: 130,437,367.39 SR.

Agreement duration: from 07-05-2023 to 31-10-2023

Guarantees offered for the agreement:

  • Order Notes from the company with the total value of the facilities.
  • Mortgage of the company's investment portfolio shares.

Agreement objective: To purchase and import raw materials required for manufacturing activity, purchase and import machines and injection molds to finance capital expansions and financing general investment.

Related Parties: There are no related parties.

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