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NCLE Obtains SAR170 Million Credit Facilities from Alinma Bank
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08:12 AM EST, 11/11/2026 (MT Newswires) -- National Co. for Learning and Education (SASE:4291), d/b/a NCLE, secured Sharia-compliant credit facilities totaling 170 million Saudi riyals from Alinma Bank. The loan package comprises long-term facilities with terms of up to 84 months and short-term facilities of up to six months, according to a Wednesday release. The educational institution investor and operator plans to use the funds for asset purchases, construction work and acquisitions, as well as working capital, as part of its expansion plans.
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