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Riyadh – Mubasher: Saudi Company for Hardware (SACO) secured a Shariah-compliant credit facilities agreement valued at SAR 150 million from the Saudi National Bank (SNB) on 1 February 2026.
The investment will be used to finance the company’s working capital and purchases letters of credit, according to a bourse disclosure.
The one-year financing deal is secured by a promissory note amounting to SAR 165 million.
Source:
Mubasher
