Al Kuzama secures SAR 37M credit facility from SAIB
What's the deal? Al Kuzama TradingDealroom has a profile for this one. Try Dealroom → signed a SAR 37 million (approximately $9.9 million) Shariah-compliant credit facilities agreement with the Saudi Investment Bank (SAIB)Dealroom has a profile for this one. Try Dealroom → on 17 August 2026. The five-year financing will support working capital and ongoing operations.
How is it structured? The company provided a promissory note for SAR 37 million as collateral, with guarantees from its chairman and vice chairman.
The signal: The facility gives the listed company debt financing without diluting shareholders.
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