Riyadh – Mubasher: Amlak International Finance Company inked a Sharia-compliant facility agreement worth SAR 250 million with Emirates NBD- KSA Bank on 26 August 2025.
The company will use the four-year loan to facilitate its business and increase its ability to finance its clients, according to a bourse filing.
Meanwhile, the financing was guaranteed by an assignment of receivables to the bank and a promissory note.
In the first half (H1) of 2025, the Saudi company posted 19.84% year-on-year (YoY) higher net profits at SAR 32.30 million, compared to SAR 16.83 million.