Tadawul-listed Fakeeh Care has secured a SAR 950 million ($253 million) Sharia-compliant credit facility from Saudi Awwal Bank (SAB) to fund its expansion plans. The facility comprises SAR 800 million in long-term financing and SAR 150 million in short-term funding.

The group's stock price is up 7.92% YTD.

(Writing by Ahmad Mousa; editing by Seban Scaria)
Ahmad.mousa@lseg.com