Qomel Company announces signing a renewal agreement for Sharia-compliant credit facilities with the Saudi National Bank, providing the company with a total financing amount of SAR 67,625,000. The financing was secured on 24-01-1446, corresponding to 30-07-2024. The financing entity is the Saudi National Bank, and the financing duration is one year. The guarantees against the financing include assigning revenues from financed projects and a promissory note.
Announcement of Qomel Co. Obtaining Sharia-compliant facilities
← Back to announcements
