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Element List	Explanation
Introduction	Al Muneef Trading, Industry, Agriculture and Contracting Company would like to announce the renewal of credit facilities and letters of guarantee in the amount of 35 million Saudi Riyals.
Date of obtaining the funding	2025-12-24 Corresponding to 1447-07-04
Financing entity	Al Bilad Bank
Financing amount.	35,000,000 SR
Financing duration.	One year
Guarantees offered for the financing	In order for the renewal and increase of the financing contract agreement to become effective, which is required for the continued use of financing and which ensures the sustainability and expansion of the company’s business, the following securities and additional documents have been submitted: A request note (promissory note) for a total of 37,176,000.00 Saudi riyals from Mr. Hamad bin Murshid Al Muneef Al Hajri, Chairman of the Board of Directors, and Mr. Nasser bin Murshid Al Muneef Al Hajri, Vice Chairman of the Board of Directors, out of the total facilities mentioned above. Assignment of funded projects and the source of final letters of guarantee
Financing objective	The purpose of the financing will be to finance suppliers' purchase orders to import goods. It will also include covering the issuance of final guarantees for local projects
Related Parties	Mr. Hamad bin Murshid Al Muneef Al Hajri, Mr. Nasser bin Murshid Al Muneef Al Hajri
Additional Information	nothing

Al Muneef Trading, Industry, Agriculture and Contracting Company announces the renewal of financial facilities and letters of guarantee.