Pan Gulf Marketing Co. Announces Obtaining a .Bank facilities compatible with the provisions of Islamic Sharia

AI Summary

Pan Gulf Marketing Co. secured SAR 70 million in Sharia-compliant bank facilities from Saudi Awwal Bank.
The one-year financing agreement is intended to fund working capital and issue letters of credit and various governmental and non-governmental guarantees.
The facility is secured by a corporate guarantee, and there are no related parties involved in the transaction.

Element List	Explanation
Introduction	Pan Gulf Marketing Co.is pleased to announce to its valued shareholders that it had obtained securing Bank facilities (in compliance with Islamic Sharia) with Saudi Awwal Bank to finance its working capital.
Date of obtaining the funding	2026-06-29 Corresponding to 1448-01-14
Financing entity	Saudi Awwal Bank
Financing amount.	70 Million Saudi Riyal
Financing duration.	One Year
Guarantees offered for the financing	Corporate guarantee for the amount of the facilities.
Financing objective	An Islamic financing agreement to issue all types of governmental and non-governmental guarantees, letters of credit, and working capital financing.
Related Parties	There are no related parties.