On August 26, 2026, Ataa Educational Company announced the signing of an Islamic Shariah-compliant banking facilities agreement with Alinma Bank, dated August 25, 2026. The facility amounts to SAR 200,000,000 with a tenure of 10 years, secured by a promissory note in favor of the bank. The financing is designated as on-demand credit for the purpose of acquiring and building educational complexes, with no related parties involved in the agreement.

Original announcement:

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