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2026-08-24T06:06:06.117Z

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Al-Surat Solutions extends credit with Riyad Bank

Al-Surat Solutions extends credit with Riyad Bank

Rapid Solutions for Communications and Information Technology announced the renewal and expansion of its credit facilities agreement with Riyad Bank, amounting to 58.27 million SAR. The funds will be used to finance new projects, issue letters of credit and guarantees, and finance payrolls. The financing was secured on August 23, 2026, and will be valid until August 23, 2027. There are no related parties involved in this agreement. The purpose of the financing is to support the company's activities and operational expansions.

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