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DP's secures 20M SAR credit deal with Saudi National Bank
Dar Al Bilad Business Solutions "DPS" announced the signing of a 20 million riyal credit facility agreement with the National Commercial Bank of Saudi Arabia, to support its operational needs, finance its working capital, and secure guarantee letters. The agreement extends until April 2027 and includes the issuance of bank guarantees and project financing, with guarantees provided by the company's largest shareholder, as part of strengthening its financial resilience and enabling the execution of its current and future projects.
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