| Introduction | United Carton Industries Company announces the signing of facility offer letter for renewal of Shariah-Compliant banking facilities with Saudi Awwal Bank (SAB) |
| Date of obtaining the funding | 2025-07-16 Corresponding to 1447-01-21 |
| Financing entity | Saudi Awwal Bank |
| Financing amount. | (140,000,000) Saudi Riyals |
| Financing duration. | One year from the date of offer letter (i.e. 15-07-2026) |
| Guarantees offered for the financing | Promissory note amounting to SAR 140 million in favor of the bank |
| Financing objective | Finance the working capital requirements (including issuance of letters of credit, guarantees and avalizations) |
| Related Parties | None |
| Additional Information | The facility offer letter was signed by the company on 26-08-2025 corresponding to 03-03-1447 |
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