Pan Gulf Marketing Co. Secures Sharia-Compliant Bank Facilities

30/06/2026 04:50 AST

Pan Gulf Marketing Co. has announced to its shareholders that it has successfully obtained new bank facilities with Saudi Awwal Bank, structured in full compliance with the provisions of Islamic Sharia. The announcement was officially posted on the Saudi Exchange (Tadawul).

The financing agreement, valued at 70 million Saudi Riyals, was finalized on June 29, 2026 (1448-01-14H). The facility carries a one-year duration and is backed by a corporate guarantee covering the full amount of the financing.

According to the company, the objective of the facility is to support working capital needs. The agreement will enable Pan Gulf Marketing Co. to issue both governmental and non-governmental guarantees, letters of credit, and provide financing for operational requirements.

This move reflects the company's ongoing efforts to strengthen its financial position and ensure flexibility in managing its business commitments. By securing Sharia-compliant financing, Pan Gulf Marketing Co. continues to align its operations with ethical financial practices while supporting its growth strategy.

Pan Gulf Marketing Co., listed under ticker 9593 on Tadawul, is recognized as a key player in the Saudi market, providing marketing and commercial services across various sectors. Its latest financing agreement highlights the company's proactive approach to sustaining liquidity and supporting its expanding portfolio of projects.


Borsatalkhaleej

Most Viewed Companies

Ticker Price Volume

Valuation

PANGULF Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Top Related Companies

Ticker Price Change
CATRION 71.90 -1.05 (-1.44%)
SMASCO 5.77 0.06 (1.05%)
MAHARAH 4.73 0.04 (0.85%)
ALMAWARID 103.30 0.00 (0.00%)
TAMKEEN 46.10 -0.06 (-0.13%)

Recent News

Sarco unit lands construction contract for school projects in Riyadh

21/08/2026

Saudi Arabian Refineries Company (SARCO) has announced that its key subsidiary Raya Al Tajdeed has secured a SAR100 million ($26.7 million) contract from a multinational education company for the con

Trade Arabia

Saudi Awwal Bank partners with noon to launch a dedicated e-commerce Visa Credit Card

21/08/2026

Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has partnered with noon, one of the region's leading e-commerce platforms, to launch a first-of-its-kind co-branded Visa cre

Saudi Gazette

United Foods Company reports strong Q2, net profit jumps

21/08/2026

United Foods Company (UFC), a leading UAE-based food manufacturing and distribution company, reported a strong performance for the second quarter of 2026, reflecting continued growth in business acti

Trade Arabia

Saudi Air Connectivity Program, Saudia boost seat capacity to US, China

21/08/2026

Saudi Air Connectivity Program (ACP), in collaboration with Saudia, has announced an increase in seat capacity across several international routes in 2026.

This step reflects ongoing effort

Trade Arabia

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

20/08/2026

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a promise-to-lease agreement with Saudi Downtown Company, a Public Investment Fund (PIF) comp

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap