Networks signs a credit facility agreement with Al Rajhi worth 50 million riyals
Summary
Riyadh - Mubasher: Networks Saudi Services Company announced yesterday that it signed a credit facilities agreement in compliance with Islamic Sharia provisions with Al Rajhi Bank worth 50 million riyals.The company explained in a statement today on Tadawul that the financing period is until October 31, 2025, indicating that a promissory note was provided as a guarantee against the financing.The company added that the agreement aims to finance the companys working capital, indicating that there are no related parties.
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