Tanmiah Food Co. announces that one of its subsidiaries, Agricultural Development Company Ltd (ADC), has increased its existing revolving Murabaha Facility with Saudi Awwal Bank (SAB) from SAR 130 million to SAR 310 million, to meet the working capital requirements of its subsidiaries.
Date of obtaining the funding
2025-09-25 Corresponding to 1447-04-03
Financing entity
Saudi Awwal Bank (SAB)
Financing amount.
SAR 310 million
Financing duration.
One Year
Guarantees offered for the financing
Promissory Note
Financing objective
To meet working capital requirement
Related Parties
None
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