| Element List | Explanation |
|---|---|
| Introduction | Scientific & Medical Equipment House Co. announces the Renewal of a Sharia-compliant credit facilities agreement valued at 260 million Saudi Riyals with Bank Albilad. The agreement was signed, and the company received a copy on Monday, 18-10-1447 AH, corresponding to 06-04-2026G. |
| Date of obtaining the funding | 2026-04-06 Corresponding to 1447-10-18 |
| Financing entity | Bank Albilad |
| Financing amount. | 260,000,000 Saudi Riyals |
| Financing duration. | Till 29-01-2027 |
| Guarantees offered for the financing | Assignment of contract proceeds, in addition to promissory note valued at 276,000,000 Saudi Riyals. |
| Financing objective | Financing current and future projects, bank guarantees, and Letter of credits. |
| Related Parties | None |
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