| Introduction | Knowledge Economic City (the "Company") announces that it has obtained Shariah-compliant project financing amounting to SAR 152 million from The Saudi Investment Bank (SAIB). The financing will be used to complete the construction of the Educational Complex, which will be managed and operated by Riyadh Schools Group, an affiliate of Mohammed Bin Salman Foundation (Misk Foundation), in line with the Company's strategy to develop high-quality educational assets within Knowledge Economic City. |
| Date of obtaining the funding | 2026-07-05 Corresponding to 1448-01-20 |
| Financing entity | The Saudi Investment Bank (SAIB) |
| Financing amount. | Up to SAR 152 million, to be drawn based on the project's financing requirements. |
| Financing duration. | 15 years |
| Guarantees offered for the financing | Mortgage over land and promissory notes. |
| Financing objective | Project Financing - to finance the completion of the construction of the Educational Complex Project, which will be managed and operated by Riyadh Schools Group, an affiliate of Mohammed Bin Salman Foundation (Misk Foundation). |
| Related Parties | None |