Publisher: Maaal International Media Company
License: 465734
Thursday, 17 April 2025
“Waja” signs a facilities agreement with Banque Saudi Fransi worth SR5 mln
Waja Company announced the signing of a credit facility agreement compatible with the provisions of Islamic Sharia with the Banque Saudi Fransi, worth 5 million riyals, for a period of one year, to finance the issuance of letters of bank guarantees for projects.
Regarding the guarantees provided in exchange for financing, the administration said that they are represented by a promissory note from the company.
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