Element List |
Explanation |
Introduction |
Pan Gulf Marketing Co.is pleased to announce to its valued shareholders that it had obtained securing Bank facilities (in compliance with Islamic Sharia) with Saudi Awwal Bank to finance its working capital. |
Date of obtaining the funding |
2025-05-25 Corresponding to 1446-11-27 |
Financing entity |
Saudi Awwal Bank |
Financing amount. |
70 Million Saudi Riyal |
Financing duration. |
One Year |
Guarantees offered for the financing |
Promissory note and company guarantee for all facilities. |
Financing objective |
An Islamic financing agreement to issue all types of governmental and non-governmental guarantees, letters of credit, and working capital financing. |
Related Parties |
There are no related parties. |
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