Element List	Explanation
Introduction	Mohammed Hassan Al-Naqool Sons Company announces to its shareholders the signing of a credit facility agreement with Riyad Bank (compliant with the provisions of Islamic Sharia) in order to support and expand its activities.
Date of obtaining the funding	2026-04-16 Corresponding to 1447-10-28
Financing entity	Riyad Bank
Financing amount.	19,080,000 Nineteen million and eighty thousand Saudi Riyals
Financing duration.	60 months, including a 12-month grace period.
Guarantees offered for the financing	Promissory note – Guarantee of payment and performance
Financing objective	Supporting the company’s current projects and enhancing its ability to expand by increasing the size of assets in a way that contributes to raising production capacity, by providing the necessary cash liquidity to finance its future plans and well-considered expansions, in line with the company’s strategy aimed at achieving sustainable growth and raising the efficiency of its operations.
Related Parties	nothing