Alramz secures SAR 300M credit facilities from Alinma Bank
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1925936
- Published
- 2026-08-04 17:10:00
- Discovered by ProcIntel
- 2026-08-04 15:20:08
- Category
- Supplier Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/9400d16d-f7a8-4e21-80dc-bd7c13697097.png"></p> <p class="ckeCaption">Logo ofAlramz Real Estate Co.</p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/tasi/alramz" target="_blank">Alramz Real Estate Co.</a>said it obtained Shariah-compliant credit facilities worth SAR 300 million from <a href="https://www.argaam.com/en/tadawul/tasi/alinma" target="_blank">Alinma Bank</a>.</p> <p ></p> <p >In a statement to <strong>Tadawul</strong>, the company explained that it obtained two facilities. The first is a 5-year facility at SAR 200 million, and 150% real estate mortgages were provided as a guarantee.</p> <p ></p> <p >Meanwhile, the value of the second credit facility amounted to SAR 100 million, with a tenure of six months (revolving facility). A 200% pledge of investment fund units was provided as a guarantee for the financing, along with promissory notes at a value of SAR 330 million.</p> <p ></p> <p >According to the company, the purpose of the financing is to fund land acquisitions, development costs, in addition to supporting the company’s expansion plans across its real estate projects and strengthening its financing structure. Besides, it will help in financing the company’s working capital.</p> <p ></p> <p >Alramz also noted that the agreement is dated July 22 but entered into effect on Aug. 4. There are no related parties involved in the deal.</p>
Procurement Relevance Gate
- supplier_or_company_impact (weight 12) — matched on "acquisition"
- geographic_exposure (weight 8) — matched on "2 linked geographies"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
- Initial Significance
- 1 · Low (16.0/100)
- Initial Confidence
- 2 · Low (29.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Partial
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth
Initial Significance Low (16.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (29.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- No likely Event type matched; a low contextual baseline was applied.
- No eligible (non-geographic, non-fictional) entities were linked to this Signal.
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- single source only
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-04 15:20:08.