Riyadh – Mubasher: Umm Al Qura for Development and Construction inked a SAR 500 million revolving credit facility agreement with Al Rajhi Bank to finance general working capital requirements.
The company obtained the Sharia-compliant loan on 30 December 2025 for one year, according to a bourse disclosure.
It is secured by a mortgage of title deeds and a promissory note equivalent to the facility's limit.
Earlier in December, Umm Al Qura sold two plots of land at a total value of SAR 228.41 million.
