Sure Global Tech Co. renewed its SAR 25 million credit facility agreement with Alinma Bank for two years.
Sure Global Tech Co. renewed its SAR 25 million credit facility agreement with Alinma Bank for two years.
The deal, which involved no related parties, is aimed at financing current and future projects, while issuing bank guarantees and letters of credit, the company said in a statement to Tadawul today, Dec. 14.
Sure pointed out that the financing was obtained on Dec. 7, while the company's copy was signed and received today.
According to data available on Argaam, the company signed, in December 2023, a SAR 20 million Shariah-compliant agreement with Alinma Bank. The deal was previously renewed in December 2024.
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