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Bromedics secures 50M Riyal Credit from Al Jazira
Misrata Medical Services Company "Promedix" announced that it has signed a credit facilities agreement with Bank Aljazira worth 50 million Riyals to finance its operational needs and purchase medical supplies. The facility is to be activated on October 5, 2026. The facilities include a sub-limit for importing and supplying materials and equipment, as well as documentary credits and ready balances, with a maximum total usage of 50 million Riyals at any time. The guarantees provided include a promissory note valued at 55 million Riyals, and no agreements have been made with related parties.
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