“Tabuk Agricultural” expects a loan agreement worth 15 million riyals

Tabuk Agricultural Development Company (Tabuk Agricultural) signed today an agreement with the Agricultural Development Fund to obtain a operating financing loan according to the fund’s lending systems and regulations.
The company said in a statement on Saudi Arabia’s circulation, that the loan is estimated at 15 million riyals worth paying to the fund on May 22, 2027.
The company expected to obtain the amount in the coming days.
She added that the effect of the loan: supporting operational operations and the agricultural program of the company, knowing that there are no other related parties.
She noted the announcement later upon receiving the amount from the box.