Money and business

Waja renews facilities with the National Bank of Saudi Arabia for 20 million riyals


Today, Waja Company renewed a credit facility agreement compatible with the provisions of Islamic Sharia with the National Bank of Saudi Arabia.

The company said in a statement on its website "Saudi Arabia trading"The value of the financing is 20 million riyals, while the duration of the financing is one year.

She added that the guarantees provided in exchange for the financing: a promissory note from the company.

She indicated that the goal of the facilities: financing bank letters, documentary credits, and commercial facilitation.

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