| Element List | Explanation |
|---|---|
| Introduction | Jazan Development and Investment Company (JAZADCO) announces the renewal of a Sharia-compliant working capital facility with Arab National Bank. |
| Date of obtaining the funding | 2026-01-06 Corresponding to 1447-07-17 |
| Financing entity | Arab National Bank |
| Financing amount. | SAR 15,000,000 |
| Financing duration. | 9 months (from drawdown) |
| Guarantees offered for the financing | 1. Promissory note 2. Mortgage of Real Estate |
| Financing objective | Direct financing for the purchase of materials, tools, equipment, aquaculture Ponds, and inventory to support aquaculture and agriculture operations, against invoices approved by the bank. |
| Related Parties | None |
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