Riyadh — Mubasher: Arabica Star Company has secured a Sharia-compliant financing facility totaling SAR 15 million from the Saudi National Bank (SNB).
The credit agreement carries a duration of five years and is secured by a promissory note covering the full value of the funding, according to a bourse filing.
The company intends to utilize the capital to support its strategic investment plans and bolster working capital for ongoing operational requirements.
According to the regulatory filing, the funds are also earmarked for enhancing performance efficiency, expanding business activities, and pursuing potential acquisitions of companies or investment opportunities.
Arabica Star noted that the facility was finalized on 18 August 2026, confirming that there are no related parties involved in the transaction.
This financing aligns with the firm's broader commercial and operational objectives to achieve its long-term strategic goals.
