View inks SAR 17.83M credit facility agreement with Al Rajhi Bank

View United Real Estate Development Co. signed a Shariah-compliant credit facility agreement with Al Rajhi Bank at SAR 17.83 million, according to a statement to Tadawul.

The 24-month credit facility term will be utilized to finance 66% of the cost of land purchased in Al-Nargis district, Riyadh, aligning with the company’s strategic plan to boost its real estate development projects.