Al-Andalus Real Estate secures 35M Riyals loan from Al-Ahli Saudi

Alandalus Real Estate Company announced the signing of a short-term financing agreement worth 35 million Saudi Riyals with the National Commercial Bank of Saudi Arabia, to finance its current projects and support working capital. The financing is in the form of Tawarruq and lasts for one year. It is part of the company's plan to enhance liquidity and meet its operational needs in the coming period. The guarantees include a promissory note and a transfer of cash dividends. It is worth noting that the facilities were obtained on September 16, 2026.