{"id":6565,"date":"2026-05-07T06:42:32","date_gmt":"2026-05-07T06:42:32","guid":{"rendered":"https:\/\/edu.com.sa\/?p=6565"},"modified":"2026-05-07T06:46:47","modified_gmt":"2026-05-07T06:46:47","slug":"me-market-news-reports-market-news-issuer-financial-advisor-announcements-announcement-details-national-company-for-learning-education-announces-the-signing-of-a-sharia-compliant-credit-faciliti","status":"publish","type":"post","link":"https:\/\/edu.com.sa\/en\/me-market-news-reports-market-news-issuer-financial-advisor-announcements-announcement-details-national-company-for-learning-education-announces-the-signing-of-a-sharia-compliant-credit-faciliti\/","title":{"rendered":"National Company for Learning &#038; Education announces the signing of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank"},"content":{"rendered":"<table class=\"stacktable large-only\" border=\"0\" width=\"80%\" cellspacing=\"0\" cellpadding=\"0\">\n<thead>\n<tr>\n<th>Element List<\/th>\n<th>Explanation<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Introduction<\/td>\n<td>National Company for Learning &amp; Education (NCLE) announces the signing of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank with a facilities limit of SAR 230 million.<\/td>\n<\/tr>\n<tr>\n<td>Date of obtaining the funding<\/td>\n<td>2026-05-06 Corresponding to 1447-11-19<\/td>\n<\/tr>\n<tr>\n<td>Financing entity<\/td>\n<td>Saudi Awwal Bank<\/td>\n<\/tr>\n<tr>\n<td>Financing amount.<\/td>\n<td>SAR 230 million<\/td>\n<\/tr>\n<tr>\n<td>Financing duration.<\/td>\n<td>Long-term facilities: Maximum of 7 years (including a two-year grace period)<\/p>\n<p>&nbsp;<\/p>\n<p>Short-term facilities: Maximum of 6 months<\/td>\n<\/tr>\n<tr>\n<td>Guarantees offered for the financing<\/td>\n<td>A promissory note for the value of the facilities, in addition to a real estate mortgage<\/td>\n<\/tr>\n<tr>\n<td>Financing objective<\/td>\n<td>Supporting NCLE&#8217;s expansion plans through financing asset purchases, construction work and acquisitions, as well as working capital financing.<\/td>\n<\/tr>\n<tr>\n<td>Related Parties<\/td>\n<td>There are no related parties.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Element List Explanation Introduction National Company for Learning &amp; Education (NCLE) announces the signing of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank with a facilities limit of SAR 230 million. Date of obtaining the funding 2026-05-06 Corresponding to 1447-11-19 Financing entity Saudi Awwal Bank Financing amount. SAR 230 million Financing duration. Long-term facilities: [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"output-rule":[93,91],"class_list":["post-6565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines","output-rule-only-english-ar","output-rule-only-english"],"acf":[],"_links":{"self":[{"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/posts\/6565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/comments?post=6565"}],"version-history":[{"count":2,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/posts\/6565\/revisions"}],"predecessor-version":[{"id":6571,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/posts\/6565\/revisions\/6571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/media\/4924"}],"wp:attachment":[{"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/media?parent=6565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/categories?post=6565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/tags?post=6565"},{"taxonomy":"output-rule","embeddable":true,"href":"https:\/\/edu.com.sa\/en\/wp-json\/wp\/v2\/output-rule?post=6565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}