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Zahret Al-Waha Extends 80M Riyal Credit</s>
Zahra Al-Waha Trading Company emphasized its success in renewing a financing agreement valued at 80 million SAR with the National Commercial Bank, extending from September 29, 2026, to August 31, 2027. The main purpose of this financing is to open documentary credits for the purchase of raw materials, supporting the continuity of its production operations and protecting it from fluctuations in global raw material prices. The attached guarantees included a promissory note covering the value of the facilities, reaffirming its strong financial standing. Additionally, the company confirmed that there are no related parties involved in the agreement, which further enhances investor confidence in its financial dealings.
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