Shalfa signs SAR 75M credit facilities with SAIB

17/03/2025 Argaam
Logo ofShalfa Facilities Management Co.

Logo of Shalfa Facilities Management Co.

Shalfa Facilities Management Co. signed on March 16 a Shariah-compliant credit facilities agreement worth SAR 75 million with The Saudi Investment Bank (SAIB).

 

For more news on listed companies

 

The financing period will end on Feb. 28, 2026, and will be covered by a promissory note, the company said in a statement on Tadawul.

 

The facility aims to issue initial guarantees, performance guarantees, advance payment guarantees, financing for project progress claims, site preparations, and documentary credit letters.

 

There are no related parties involved, Shalfa added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.