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Element List	Explanation
Introduction	National Company for Learning & Education (NCLE) announces the signing of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank with a facilities limit of SAR 230 million.
Date of obtaining the funding	2026-05-06 Corresponding to 1447-11-19
Financing entity	Saudi Awwal Bank
Financing amount.	SAR 230 million
Financing duration.	Long-term facilities: Maximum of 7 years (including a two-year grace period) Short-term facilities: Maximum of 6 months
Guarantees offered for the financing	A promissory note for the value of the facilities, in addition to a real estate mortgage
Financing objective	Supporting NCLE's expansion plans through financing asset purchases, construction work and acquisitions, as well as working capital financing.
Related Parties	There are no related parties.

National Company for Learning & Education announces the signing of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank