Saudi Arabia's Pan Gulf secures $19mln Islamic loan Saudi Awwal Bank
The one-year facility will be used to boost its working capital, issue government and non-government guarantees and letters of credit.
The facility is guaranteed by a promissory note.
In October 2024, the company secured Shariah-compliant credit facilities of SAR 135 million from Banque Saudi Fransi to support its working capital needs.
(Editing by Brinda Darasha; brinda.darasha@lseg.com)
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