Money and business

Toby renewed an agreement with the facility with Bank Al -Jazira with 150 million riyals

The Permissible offer for commercial services (Toby) has announced the increase and renewal of a bank facilities agreement compatible with Islamic Sharia provisions with Bank Al -Jazira.
The company said in a statement to the Saudi circulation: The date of obtaining funding, on Sunday, while the financing period until January 23, 2026 is.
She added that the value of the financing is 150 million riyals, noting that the guarantees provided in exchange for financing are supported by the value of the facilities.
She explained that the aim of the facilities: financing new projects contracts and issuing documentary credits and guarantees.

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