Al-Muammar extends 2bn riyal credit with Al Rajhi
Al Ma'amar Information Systems Company (MIS) announced the renewal and settlement of a credit facilities agreement worth 2 billion Saudi Riyals with Al Rajhi Bank, in accordance with Islamic Shariah principles. The agreement was signed and approved on August 26, 2026, and will remain in effect until August 31, 2027. Its purpose is to finance the company's large and small projects, and it is secured by promissory notes, with no related parties involved in the contract.
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