WSM secures SAR 5m facility from Emirates NBD

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.

Mubasher Contribution Time: 02-Jul-2025 05:54 (GMT)
Mubasher Last Update Time: 02-Jul-2025 05:54 (GMT)