Saudi Networkers signs SAR 50M credit facilities deal with Al Rajhi Bank

25/12/2024 Argaam
Logo ofSaudi Networkers Services Co.

Logo of Saudi Networkers Services Co.

Saudi Networkers Services Co. signed, on Dec. 24, a Shariah-compliant credit facilities agreement worth SAR 50 million with Al Rajhi Bank.

 

In a statement to Tadawul, the company said the funding period lasts until Oct. 31, 2025, and the credit will be used to finance working capital.

 

For more news on listed companies

 

The amount is covered by a promissory note, the statement added, noting that there are no related parties to the transaction.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.