Publisher: Maaal International Media Company
License: 465734
Thursday, 24 July 2025
Qomel Renews SAR 52 mln Sharia-Compliant Credit Facility with SNB
Qomel Company announced on Thursday that it has renewed a Sharia-compliant credit facility agreement with the Saudi National Bank (SNB) for a total value of 52 million riyals, with a term of one year.
The company made a statement in Tadawul that the facility is secured by a promissory note and a waiver of revenues from the financed projects.
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