Mubasher TV
Contact Us Advertising   العربية

WSM secures SAR 5m facility from Emirates NBD

WSM secures SAR 5m facility from Emirates NBD
Photo Archive
WSM
9595
-38.43% 28.32 -17.68
Emirates NBD
EMIRATESNBD
24.52% 32.50 6.40

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.