Tadweeer secures SAR 90M credit facility from SAB
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1928168
- Published
- 2026-08-11 11:49:00
- Discovered by ProcIntel
- 2026-08-11 14:46:28
- Category
- Supplier Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p ><img src="https://argaamplus.s3.amazonaws.com/66b5754f-c955-4847-97f4-811c15c709dc.png" ></p> <p class="ckeCaption" >Logo of<span >National Environmental Recycling Co. (</span>Tadweeer<span >)</span></p> <hr> <p >National Environmental Recycling Co. (<a data-auth="NotApplicable" data-linkindex="0" href="https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.argaam.com%2Fen%2Ftadawul%2Fnomu%2Ftadweeerdata=05%7C02%7Cpublish%40argaam.com%7C0af3b29453434984140208def776600f%7Caabd51e45209449f92007785987beded%7C0%7C0%7C639220284974523822%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7Csdata=uqFiWUefQCaARuHsDEV8TzoiMZB%2FFZmzG2iBheKP3OI%3Dreserved=0" originalsrc="https://www.argaam.com/en/tadawul/nomu/tadweeer" rel="noopener noreferrer" target="_blank" title="Original URL: https://www.argaam.com/en/tadawul/nomu/tadweeer. Click or tap if you trust this link.">Tadweeer</a>) signed a SAR 90 million Shariah-compliant credit facility agreement with Saudi Awwal Bank (<a data-auth="NotApplicable" data-linkindex="1" href="https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.argaam.com%2Fen%2Ftadawul%2Ftasi%2Fsabdata=05%7C02%7Cpublish%40argaam.com%7C0af3b29453434984140208def776600f%7Caabd51e45209449f92007785987beded%7C0%7C0%7C639220284974576069%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7Csdata=f%2FHF1Ip%2BZD288NBSgBxq%2FQt1uz2cbB9rQDk27Jv26Lc%3Dreserved=0" originalsrc="https://www.argaam.com/en/tadawul/tasi/sab" rel="noopener noreferrer" target="_blank" title="Original URL: https://www.argaam.com/en/tadawul/tasi/sab. Click or tap if you trust this link.">SAB</a>),according to a <strong>Tadawul </strong>statement.<!--EndFragment--></p> <p ></p> <p >The facility will be used to restructure part of the company’s existing financing facilities, improve financing costs, and support working capital needs.</p> <p ></p> <p >The 12-month facility, obtained on Aug. 10, is secured by a promissory note.</p> <p ></p> <p >There are no related parties to the deal, the statement said.</p> <div ></div>
Procurement Relevance Gate
- 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.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.