Publisher: Maaal International Media Company
License: 465734
Thursday, 19 June 2025
SIDC announces SAR 10 million Sharia-compliant loan for subsidiary Emmdad
The Saudi Industrial Development Co. (SIDC) announced on Thursday that its subsidiary, Emmdad Logistic Services Co., has signed a Sharia-compliant financing agreement with the Social Development Bank valued at SAR 10 million.
According to a statement on Tadawul, the facility has a five-year term and is intended to support capital expansion plans.
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