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Saudi’s WETICO Secures Financing Deal of SAR 957mn from ANB

Water and Environment Technologies Company – WETICO, Saudi Arabia announces that it has Secured financing from Arab National Bank (ANB).

The company stated that it has secured a financing amount of SAR 957 to support and execute its private projects in the water and environmental sectors.

This financing reflects the strong confidence of financial institutions in the company’s performance, sustainable growth, and market leadership in Saudi Arabia, statement mentioned.

Earlier during June 2025, WETICO in a JV with Hassan Allam awarded the EPC Contract for Abu Qir Desalination Plant in Egypt.

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