Hedab Alkhaleej secures SAR 60M credit facilities from Alinma Bank

Logo of Hedab Alkhaleej Trading Co.

Hedab Alkhaleej Trading Co.’s board of directors approved SAR 60 million Shariah--compliant credit facilities from Alinma Bank.

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The facilities agreement was signed on Aug. 7, 2025, and is valid until May 31, 2028, the company said in a statement to Tadawul.

The facilities are fully secured by SAR 66 million promissory notes.

Hedab Alkhaleej will use these facilities to finance working capital and issue letters of credit, the statement said.