Announcement by Scientific & Medical Equipment House Co. regarding the Renewal of the Sharia-compliant Credit Facilities Agreement with ANB

Element ListExplanation
Introduction Scientific & Medical Equipment House Co. announces the Renewal of a Sharia-compliant credit facilities agreement valued at 120,000,000 Saudi Riyals with ANB. 

The agreement was signed, and the company received a copy on Thursday, 03-01-1448 AH, corresponding to 18-06-2026 AD.

Date of obtaining the funding 2026-06-18 Corresponding to 1448-01-03
Financing entity ANB
Financing amount. 120,000,000 Saudi Riyals
Financing duration. Till 31-01-2027G
Guarantees offered for the financing Assignment of contract proceeds, in addition to promissory notes valued at 120,000,000 Saudi Riyals.
Financing objective Financing current and future projects, bank guarantees, and Letter of credits.

Related Parties 

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To view the announcement on Tadawul