Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has signed an agreement with Riyad Bank to obtain a credit facility worth SAR 6 million.

The loan duration is one year that can be renewed later, according to a bourse filing on Wednesday.

Alian aims to finance its working capital and meet business requirements through this funding, which has raised the total amount obtained from the bank to SAR 24 million.