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Makkah Construction Renews Financing Facility for Financial Needs, Strategic Projects

MT Newswires·07/30/2026 04:56:17
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04:56 AM EDT, 07/30/2026 (MT Newswires) -- Makkah Construction and Development (SASE:4100) renewed its Sharia-compliant financing facility with Bank AlJazira (SASE:1020). The construction group will use the renewed 880 million-Saudi-riyal financing to support funding needs and implement strategic projects, according to a Thursday release. The facility is valid for three months and can be renewed further for successive three-month periods.