09:49 AM EDT, 08/04/2026 (MT Newswires) -- Alramz Real Estate (SASE:4327) secured 300 million Saudi riyals worth of Sharia-compliant credit facilities from Alinma Bank (SASE:1150). The first facility is worth 200 million riyals and has a five-year term, while the second is a six-month revolver worth 100 million riyals, according to a Tuesday filing. Proceeds will be used to finance the property group's land acquisitions, development costs, and expansion plans, among other purposes.

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