| Introduction | United Carton Industries Company (UCIC) announces the signing of a banking facilities renewal agreement, compliant with the provisions of Islamic Shariah, with Saudi National Bank (SNB). |
| Date of obtaining the funding | 2026-01-26 Corresponding to 1447-08-07 |
| Financing entity | Saudi National Bank (SNB) |
| Financing amount. | (195,000,000) Saudi Riyals |
| Financing duration. | Until 31-07-2026 |
| Guarantees offered for the financing | Promissory note amounting to SAR 195 million in favor of the bank |
| Financing objective | Finance the working capital requirements (including Tayseer, issuance of letters of credit and avalizations) |
| Related Parties | None |
| Additional Information | The original agreement was signed on 2024-05-27, and the signing of the facility renewal documents was completed by the parties on 2026-01-26. |
