Saudi news
“Sure Technology” renews credit facilities with “Arab National Bank” for 25 million riyals
Sure International Technology Company announced the signing of an agreement to renew the credit facilities (compliant with the provisions of Islamic Sharia) with the Arab National Bank, at a value of 25 million riyals.
The company said in a statement on “Tadawul Saudi Arabia”, today, Wednesday, that the guarantees provided in exchange for financing are a promissory note for the value of the credit facilities.
She added that the funding period is one calendar year, and aims to finance current and future projects.