Hedab Alkhaleej Renews SAR 50M Sharia-Compliant Facilities

HKC

9631.SA

0.00

On June 11, 2026, Hedab Alkhaleej Trading Co. announced the signing of an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank worth 50,000,000 Saudi Riyals. The financing agreement, which runs until November 30, 2026, is secured by a promissory note for the full facility amount and a real estate mortgage. The funds will be used for working capital financing and the issuance of letters of credit.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96034&anCat=1&cs=9631&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.