Saudi: WSM secures credit facility from Emirates NBD

The facility, obtained on June 30, 2025, aims to finance contracts for new projects and issue final letters of guarantee

Staff Writer, Mubasher

July 2, 2025

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Riyadh - WSM for Information Technology Company has inked a Sharia-compliant credit facility agreement with Emirates NBD, valued at SAR 5 million.

The facility, obtained on 30 June 2025, aims to finance contracts for new projects and issue final letters of guarantee, according to a bourse filing.

The credit facility, backed by a promissory note as a guarantee, will remain in effect until 21 June 2026.

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