Signal · Supplier & Corporate Risk
Alramz secures SAR 300M credit facilities from Alinma Bank
What the source reported
Source-reported<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>
- Publication
- Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
- Published
- 4th August 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- None identified
- Collected
- 4th August 2026 · 15:20
Initial 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 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).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth