Tuesday, 22 April 2025

2P Renews Sharia-Compliant Facilities Agreement with Gulf International Bank for SAR 135 Million

اقرأ المزيد

Perfect Presentation for Commercial Services Co. (2P) announced the renewal and increase of its Sharia-compliant banking facilities agreement with Gulf International Bank, amounting to SAR 135 million.

The company clarified that the guarantees provided for the financing include a promissory note covering the facility’s full value, with the financing period extending until February 15, 2026.

According to the company, the purpose of this agreement is to support newly awarded projects, including the issuance of letters of guarantee, letters of credit, and invoice financing.

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