The partnership underscores the shared commitment of SAB and AlBawani to advancing Saudi Arabia’s Vision 2030 ambitions
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has signed a SAR 6.4 billion bilateral financing agreement with AlBawani, one of the companies in which the Public Investment Fund (PIF) ultimately holds a stake, and which stands among the major integrated national entities whose operations span across the sectors of construction, technology, utilities management, and infrastructure. The agreement reflects SAB’s continued role in enabling strategic infrastructure and development initiatives across the Kingdom, while further strengthening the bank’s diversified corporate portfolio.
The partnership underscores the shared commitment of SAB and AlBawani to advancing Saudi Arabia’s Vision 2030 ambitions through…