Alkhorayef Water and Power Technologies Co. announced on August 25, 2026, the signing of a Sharia-compliant credit facility agreement with Qatar National Bank (Q.P.S.C.) Saudi Arabian Branch. The facility amounts to SAR 250,000,000 and is valid until April 30, 2027. The financing is secured by a promissory note and is intended to support general facilities for financing future governmental and semi-governmental contracts, issuing letters of guarantee of all kinds and/or opening documentary credits in all their forms, as well as facilities for financing treasury products, partial Murabaha financing, and direct credit alternatives.

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