{"id":95519,"date":"2025-03-23T00:00:00","date_gmt":"2025-03-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/"},"modified":"2025-03-23T00:00:00","modified_gmt":"2025-03-23T00:00:00","slug":"al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/","title":{"rendered":"Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB"},"content":{"rendered":"

<\/strong>Al Othai<\/strong>m lands SAR 3.06 bn facility:<\/strong> Abdullah Al Othaim Investment Company<\/a> secured a SAR 3.06 bn shariah-compliant credit facility from the Saudi National Bank (SNB), according to a statement<\/a> from Al Othaim on Wednesday. Further details were not disclosed.<\/p>\n

Where will the money go? <\/strong>The funding will from SNB will help in \u201csupporting the company's expansion plans, financing its diversified projects, and enhancing its strategic assets,\u201d the statement said.<\/p>\n

ICYMI- <\/strong>Al Othaim Investment tapped<\/a> Bander Albohiry (LinkedIn<\/a>) as its new CEO and Managing Director last month.<\/p>\n","protected":false},"excerpt":{"rendered":"

The funding will back the company\u2019s expansion and key projects<\/p>\n","protected":false},"author":1,"featured_media":95520,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2590],"tags":[607,57,10,1115],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-abdullah-al-othaim-investment","tag-debt-watch","tag-enterpriseam-ksa","tag-saudi-national-bank-snb","wpautop","entry"],"acf":{"mongo_id":"6e7028f9-c50e-44f6-8b3e-dfb2457a89a3","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/1780.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Al Othaim Investment secures SAR 3.1 bn shariah-compliant funding from SNB","related_issue":[95512],"teaser":"The funding will back the company\u2019s expansion and key projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.c62c71f9-e2c3-4dbb-a0b9-99e45b584308.mp3"},"yoast_head":"\nAl Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB\" \/>\n<meta property=\"og:description\" content=\"The funding will back the company\u2019s expansion and key projects\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-23T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1780.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB\",\"datePublished\":\"2025-03-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1780.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdullah Al Othaim Investment\",\"debt watch\",\"EnterpriseAM KSA\",\"Saudi National Bank (SNB)\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/23\/al-othaim-investment-secures-sar-3-1-bn-shariah-compliant-facility-from-snb\/\",\"name\":\"Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB - 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