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Al-Khuzama and Al-Istithmar Sign 37M Riyal Credit Deal
Al-Khozama Trading Company signed a financing agreement worth 37 million SAR with the Saudi Investment Bank, aimed at strengthening financial capacity and supporting operational activities in line with expansion plans. The financing period extends to 5 years, and the agreement requires the submission of a promissory note and joint guarantees from senior management to ensure obligations are met. The funds are allocated for working capital and to support ongoing activities to meet the demands of the Saudi market and to develop services and products.
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