Logo ofAlkhorayef Water and Power Technologies Co.
Alkhorayef Water and Power Technologies Co. increased the value of the financing credit facilities from Al Rajhi Bank from SAR 200.9 million to SAR 865 million, an increase of SAR 664 million. 
In a statement to Tadawul, the company said that the collateral provided for the financing has also been amended under a promissory note to SAR 910 million, while all other terms and conditions remained unchanged.
In June 2022, the company signed a Sharia-compliant financing agreement worth SAR 314.7 million with Al Rajhi Bank to be utilized in upgrading water networks in Dammam, Argaam reported.
Logo ofAlkhorayef Water and Power Technologies Co.
Alkhorayef Water and Power Technologies Co. increased the value of the financing credit facilities from Al Rajhi Bank from SAR 200.9 million to SAR 865 million, an increase of SAR 664 million.
In a statement to Tadawul, the company said that the collateral provided for the financing has also been amended under a promissory note to SAR 910 million, while all other terms and conditions remained unchanged.
In June 2022, the company signed a Sharia-compliant financing agreement worth SAR 314.7 million with Al Rajhi Bank to be utilized in upgrading water networks in Dammam, Argaam reported.
