Keir International Renews SAR 11.9M Shariah-Compliant Facility

KEIR

KEIR

9542.SA

0.00

Keir International Company announced on June 16, 2026 the renewal of a Shariah-compliant banking facilities agreement with Al Rajhi Bank for SAR 11,925,809.00. The financing agreement, obtained on January 6, 2026, has a duration of one Gregorian year ending December 31, 2026, and is secured by a promissory note from Keir International Company, a corporate guarantee from Irad Holding Company, and guarantees from Mr. Mohammed bin Ali Al Dhalaan. The financing objective is to facilitate the renewal of Performance Bonds, with the agreement approved and signed on June 7, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96128&anCat=1&cs=9542&locale=ar

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