On July 22, 2026, Saudi Cable Company announced the signing of a Shari'ah-compliant credit facility agreement (Murabaha) with The Saudi Investment Bank, with the facility obtained on July 21, 2026. The financing amounts to SAR 20,000,000 (twenty million Saudi riyals) and is set to expire on May 31, 2027, with the option for renewal upon written agreement by both parties. The facility is secured by bonds for an order submitted by Non-Executive Board Member Mr. Turki bin Ibrahim bin Mansour Al-Rajhi and Executive Board Member Eng. Faris bin Mansour bin Mohammed Al-Rajhi, as well as an assignment of future dividend proceeds payable to Saudi Cable Company from Medal Cable Company as collateral. The proceeds are intended to finance and support the company's strategic operational plans.

Original announcement:

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