| Introduction | Tam Development Company Announces the Signing of Sharia Compliant Banking Facilities Agreement |
| Date of obtaining the funding | 2025-11-03 Corresponding to 1447-05-12 |
| Financing entity | Riyad Bank |
| Financing amount. | 50,000,000 Saudi Riyals |
| Financing duration. | 12 Months |
| Guarantees offered for the financing | A promissory note worth 100% of the total value of the facilities |
| Financing objective | This financing aims to support TAM’s expansion plans and enhance its sustainable growth, by financing its current and future projects, facilitating various bank guarantees, and providing flexible financing solutions that enhance the company’s working capital and financial flexibility. This financing will contribute to developing the company’s business, raising its operational efficiency, and enhancing its ability to invest in future growth opportunities. |
| Related Parties | Not Applicable |