IssuerAnnouncementDetailsV2Portlet
Abdulaziz Bin Ahmed Altwijri Trading Co. Announces Obtaining a Signing an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank
| Element List | Explanation |
|---|---|
| Introduction | Abdulaziz Bin Ahmed Alwijri Trading Company announces the renewal of its Sharia-compliant credit facility agreement with Al Rajhi Bank. |
| Date of obtaining the funding | 2026-08-16 Corresponding to 1448-03-03 |
| Financing entity | Al Rajhi Bank |
| Financing amount. | (25,000,000) Saudi Riyals - Twenty-five million Saudi Riyals. |
| Financing duration. | It ends on 31-07-2027 AD |
| Guarantees offered for the financing | - Promissory note from the company - Guarantee of payment and performance from Mr. Mohammad Abdulaziz Altwijri and Mr. Khaled Abdulaziz Altwijri - Pledge of 3 commercial instruments |
| Financing objective | Financing the company's projects and issuing letters of credit. |
| Related Parties | Nothing |
| Additional Information | The credit facility agreement documents are dated 10-08-2026 and were finalized and signed on 16-08-2026 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.