Almarai signs a financing agreement with the Agricultural Development Fund

Almarai Company, on November 8, 2022, and the Agricultural Development Fund (ADF) signed a "loan agreement" to obtain a financing loan of 500 million SR.

The agreement was signed by Abdullah bin Nasser Al-Bader, CEO of Almarai Company, and Bader Al-Malik, Vice President of the (ADF) for credit.

The Agricultural Development Fund clarified that the financing term is only one year and that it will be repaid over 12 months, starting from the date of disbursement of the loan and according to the repayment schedule agreed with the (ADF).