Riyadh – Mubasher: Contact Center Company (CCC), a subsidiary of Arabian Internet and Communications Services Company (solutions), obtained SAR 500 million from Riyad Bank.

The short-term financing is valid for one year from the signing date of 25 November 2024, according to a bourse disclosure.

Contact Center inked a promissory note to secure the loan, which will be used to finance working capital and the issuance of letters of guarantee.

In the first nine months (9M) of 2024, solutions registered 23.30% year-on-year (YoY) higher net profits at SAR 1.27 billion, compared to SAR 1.03 billion.