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WSM secures SAR 5m facility from Emirates NBD

WSM secures SAR 5m facility from Emirates NBD
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WSM
9595
-1.31% 43.60 -0.58
Emirates NBD
EMIRATESNBD
2.91% 26.50 0.75

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.