Riyal signs DSA worth SAR 30M with Al Rajhi Bank

04/01/2026 Argaam- Nomu
Logo ofRiyal Investment and Development Co.

Logo of Riyal Investment and Development Co.

Riyal Investment and Development Co. signed today, Jan. 4, a deferred sale agreement (DSA) worth SAR 30 million with Al Rajhi Bank to finance vehicle purchases.

 

In a statement to Tadawul, the company said the financing was obtained today, extending for three years.

 

The amount is covered by a personal guarantee and an assignment of the insurance policy.

 

This financing aims to support the company’s growth and its operational expansion as it competes for new contracts, the statement added, noting that no related parties are included in the deal.

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