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Amlak International secures SAR 250m financing from Emirates NBD- KSA

Amlak International secures SAR 250m financing from Emirates NBD- KSA
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Emirates NBD
EMIRATESNBD
7.66% 28.10 2.00
AMLAK
1182
16.91% 13.62 1.97
Default Company
7204.B
0.00% 0.00 0.00

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.