02:47 AM EDT, 09/13/2026 (MT Newswires) -- Alramz Real Estate (SASE:4327) secured Sharia-compliant credit facilities worth 500 million Saudi riyals from Al Rajhi Bank, according to a Sunday release. Facility A offers 450 million riyals for five years, while Facility B provides 50 million riyals for three months. The property group will use the funds to acquire and develop real estate and for general working capital purposes.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.