Logo ofKnowledge Economic City Co. (KEC)
The Knowledge Economic City Co. secured a Sharia-compliant corporate financing worth SAR 150 million from Al Rajhi Bank, which will go to finance the company’s working capital and support the execution of its strategic objectives. 
For more news on listed companies
In a statement to Tadawul, the company said that the financing term is four years, noting that the guarantees offered for the financing are lands mortgage and promissory notes.
There are no related parties to the agreement, it said.
Logo ofKnowledge Economic City Co. (KEC)
The Knowledge Economic City Co. secured a Sharia-compliant corporate financing worth SAR 150 million from Al Rajhi Bank, which will go to finance the company’s working capital and support the execution of its strategic objectives.
For more news on listed companies
In a statement to Tadawul, the company said that the financing term is four years, noting that the guarantees offered for the financing are lands mortgage and promissory notes.
There are no related parties to the agreement, it said.
