premargin

Element List	Explanation
Introduction	Professional Medical Expertise Company, also Trading as (“ProMedEx”) announces the renewal of the Islamic facilities agreement with Riyad Bank, with a total value of SAR 84,000,000 (eighty-four million Saudi riyals), as detailed below: 6,500,000 SAR in bank guarantee facilities 22,500,000 SAR in letter of credit facilities 55,000,000 SAR as a tawarruq limit The company aims to use these facilities to finance its existing projects and support its business expansion plans.
Date of obtaining the funding	2026-04-08 Corresponding to 1447-10-20
Financing entity	Riyad Bank
Financing amount.	84,000,000.00 SAR (eighty-four million Saudi Riyals)
Financing duration.	One year from the date of the facilities document
Guarantees offered for the financing	Promissory note from Professional Medical Expertise Company. Promissory note from Alomran Holding Company.
Financing objective	The financing is intended to fund the company’s existing projects and support the expansion of its business operations.
Related Parties	There are no related parties
Additional Information	The agreement is dated 15 February 2026; however, the signatures were completed and the facilities were activated on 8 April 2026.

Professional Medical Expertise Co. Announces Obtaining a Renewal of the Islamic Facilities Agreement