Zain KSA Secures SAR 1.625 Billion Supplier Financing from Al Rajhi Bank
Summary
Zain KSA, the leading provider of communications and digital services in the Kingdom of Saudi Arabia, announced the signing of a supplier financing agreement worth SAR 1.625 billion with Al Rajhi Bank to invest in expanding its 5G network and strengthening its infrastructure to support the business sector. Today, this competitively rated supplier financing agreement between Zain KSA and the nationally renowned Al Rajhi Bank underscores our joint efforts to foster an enriched and inclusive digital experience across the Kingdom, mirroring Zain KSAs strategy to provide exceptional customer experience and innovative services, including distinguished spiritual tourism services for pilgrims. At Al Rajhi Bank, we are glad to be a key partner supporting Zain KSAs ambitious goals and strategic plans for nationwide digital empowerment. "Through targeted investments, Zain KSA cements its role as a national champion, powering up the Kingdoms digital capabilities and infrastructure. This translates to broader access to cutting-edge technology and digital services for everyone individuals, businesses, and institutions - paving the way for a vibrant society and a thriving, knowledge-based economy.