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Element List	Explanation
Introduction	Professional Medical Expertise Company (ProMedEx) announces the renewal and increase of its Islamic financing agreement with Banque Saudi Fransi, with a total value of SAR 108,000,000 (one hundred and eight million Saudi Riyals), as follows: SAR 70,000,000 multi-Purpose facility limit, encompassing bank guarantees, letters of credit, and Murabaha financing for project invoice payments. SAR 28,000,000 Documentary credit facility for bank guarantees. SAR 10,000,000 multi-purpose financing limit (currency options, forward purchase and sale of foreign currencies, and/or interest rate swaps). The company aims to use these facilities to finance existing projects and support its business expansion plans.
Date of obtaining the funding	2026-04-23 Corresponding to 1447-11-06
Financing entity	Banque Saudi Fransi
Financing amount.	SAR 108,000,000 (one hundred and eight million Saudi Riyals)
Financing duration.	One year from the date of the facility document, expiring on 31.03.2027 AD
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 10 March 2026; however, the signatures were completed and the facilities were activated on 23rd of April 2026.

Professional Medical Expertise Company, also Trading as (“ProMedEx”) announces Obtaining a Renewal of the Islamic Facilities Agreement Offered by Banque Saudi Fransi