Riyadh - Mubasher: National Environmental Recycling Company (Tadweer) inked a Sharia-compliant credit facility agreement worth SAR 60 million with the Saudi National Bank (SNB).
The 12-month funding is guaranteed by a promissory note and aims to reduce higher-cost debt and support its working capital requirements, according to a bourse filing.
The company stated that any major development related to the financing facilities will be announced in accordance with the relevant regulations and instructions
In February 2026, Tadweer signed a raw materials purchase agreement with Topal Advanced Company valued at SAR 63.84 million.
