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Al Mohafaza for Education Obtains SAR40 Million Financing for Expansion Plans

MT Newswires·01/01/2026 01:42:37
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01:42 AM EST, 01/01/2026 (MT Newswires) -- Al Mohafaza Co for Education (SASE:9598) said Thursday it secured a 40 million-Saudi-riyal bank facility from Riyad Bank (SASE:1010). The Saudi Arabia-listed school company plans to use the seven-year, Sharia-compliant facility to fund its expansion plans.