Element List | Explanation |
---|---|
Introduction | Arab Sea Information Systems Company announces that it has obtained Sharia-compliant credit facilities from Riyad Bank. |
Date of obtaining the funding | 2025-08-05 Corresponding to 1447-02-11 |
Financing entity | Riyad Bank |
Financing amount. | 26,000,000 Saudi Riyal |
Financing duration. | 5 Years |
Guarantees offered for the financing | Promissory note and mortgage |
Financing objective | The company aims to obtain these facilities to expand in government projects to increase the revenues. |
Related Parties | None |