Ajeej Steel Secures SAR 75M Shariah-Compliant Facility from FAB

NBM

NBM

9510.SA

0.00

On August 24, 2026, National Building & Marketing Company announced that its subsidiary, Ajeej Steel Manufacturing Co., has signed a Shariah-compliant banking facilities agreement with First Abu Dhabi Bank. The facility amounts to SAR 75 million with a duration of 5 months, intended to support working capital requirements. The financing is secured by a promissory note and a guarantee of liability and performance under terms and conditions previously approved by the bank.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97760&anCat=1&cs=9510&locale=ar

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