WSM secures SAR 5m facility from Emirates NBD

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02 July 2025 05:54 AM

WSM
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Riyadh - Mubasher: WSM for Information Technology Company has inked a Sharia-compliant credit facility agreement with Emirates NBD, valued at SAR 5 million.

The facility, obtained on 30 June 2025, aims to finance contracts for new projects and issue final letters of guarantee, according to a bourse filing.

The credit facility, backed by a promissory note as a guarantee, will remain in effect until 21 June 2026.

Banking and Finance Companies Investments

Source: Mubasher