66 Days
الاقتصادية
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الاقتصادية

2026-08-25T17:49:50.146Z

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"Sepa" and "Maraafeq" boost credit system via partnership

"Sepa" and "Maraafeq" boost credit system via partnership

The Saudi Credit Information Company "Simah" and the Electricity and Water Utilities Company in Jubail and Yanbu have signed a membership agreement to enhance the credit information system and improve the quality and accuracy of data used in risk assessment and financial decision-making. The agreement aims to expand the membership base and provide more comprehensive and reliable information, thereby supporting the development of risk management practices and increasing operational efficiency within the sector. This step is part of Simah's efforts to meet market needs and expand its system, contributing to improved appraisal processes and delivering value-added services to support member entities in decision-making.

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