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Saudi Networkers Services, a Riyadh-based business and consulting services firm, has renewed its 50 million riyals ($13.33 million) sharia-compliant loan agreement with Al Rajhi Bank.
The credit facility will go towards financing the company’s working capital and it has provided a promissory note as a guarantee, SNS said. The duration of the agreement is until October 31, 2026.
(Writing by Bindu Rai, editing by Seban Scaria)
