Al Ashghal Al Moysra secures SAR 5M credit facility from BSF

21/08/2025 Argaam
Logo ofAl Ashghal Al Moysra Co.

Logo of Al Ashghal Al Moysra Co.

Al Ashghal Al Moysra Co. secured on Aug. 20, Shariah-compliant credit facilities from Banque Saudi Fransi (BSF).

 

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According to a statement on Tadawul, the financing is valued at SAR 5 million with a tenor of 12 months, backed by a personal guarantee from CEO and Managing Director Abdulaziz Al-Juwair.

 

Al Ashghal Al Moysra explained that the facility aims to cover final guarantees worth SAR 5 million, adding that the financing aligns with its expansion strategy in projects across scope, scale, and geography, which is expected to positively impact performance in 2025 and 2026.

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