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National Building and Marketing Co. Unit Secures SAR40 Million Credit Facilities

MT Newswires·01/04/2026 23:48:43
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11:48 PM EST, 01/04/2026 (MT Newswires) -- National Building and Marketing Co. (SASE:9510) unit Ajeej Steel Manufacturing secured Shariah-compliant credit facilities worth 40 million Saudi riyals from the Saudi National Bank (SASE:1180). The financing is valid for 90 days and will be used by the building materials trader to finance working capital, according to a Sunday release. The facilities are secured by a promissory note and a guarantee of liability.