| Introduction | Al Muhafaza Education Company announces the signing of a lease financing contract for the amount of (1,554,541.80) one million five hundred and fifty-four thousand five hundred and forty-one eighty halalas with Al Jabr Finance Company, a closed joint-stock company, for the purpose of financing the purchase of fixed assets (10 buses). |
| Date of obtaining the funding | 2026-06-23 Corresponding to 1448-01-08 |
| Financing entity | Al Jaber Finance Company, a single-person closed joint-stock company |
| Financing amount. | (1,554,541.80) One million five hundred and fifty-four thousand five hundred and forty-one eighty halalas |
| Financing duration. | 18 months |
| Guarantees offered for the financing | commercial promissory note |
| Financing objective | Financing the purchase of fixed assets for (10) buses, due to the company’s desire to modernize its transport fleet and enhance operational capabilities in transporting male and female students. |
| Related Parties | nothing |
| Additional Information | nothing |
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