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Multi Business Group Co. Announces Obtaining a Renewal of its Credit Facility Agreement (Islamic Shariah-compliant)

MULTI BUSINESS 9619 -20.47% 13.52 -3.48
Element List Explanation
Introduction Multi Business Group Co. Announces renewal of its credit facility agreement (Islamic Shariah-compliant) provided by Saudi National Bank
Date of obtaining the funding 2025-08-18 Corresponding to 1447-02-24
Financing entity Saudi National Bank
Financing amount. 10 Million SAR
Financing duration. 12 Months
Guarantees offered for the financing Promissory note by 11 Million SAR
Financing objective General facilities to issue initial and final letters of guarantee and advance payments for current and future projects
Related Parties NA
Additional Information the Necessary Signatures Were Completed, and a Copy of the Agreement Was Received on Monday (18-08-2025) AD

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