Z7_K8M0I8402PTU806OF5GPF03SV3

MIS

22 July, 2024 15:40

Al Moammar Information Systems Co.(MIS) Announces Obtaining a Bank Facility in Compliant with Islamic Sharia

Element ListExplanation
Introduction Al Moammar Information Systems Co. (MIS) Announces renewal and amendment of bank facility in compliant with Islamic Sharia with Saudi Awwal Bank as follows:
Date of obtaining the funding 2024-07-17 Corresponding to 1446-01-11
Financing entity Saudi Awwal Bank
Financing amount. 340,265,843.00 SAR
Financing duration. valid till July 16, 2025
Guarantees offered for the financing Facility agreement secured by Promissory notes to the amount of total facilities limit
Financing objective Invoice Payables, projects financing and issuance of letters of credit & guarantee
Related Parties Not Applicable
Additional Information MIS signed the facility agreement on 22/07/2024

Other Announcements

GHIDA ALSULTAN
2025-07-01

Addendum Announcement from Ghida Alsultan for Fast Food Co. in regards to the Results of the Extraordinary General Assembly Meeting (First Meeting).

Read More
ALAMAR
2025-07-01

Addendum Announcement from Alamar Foods Co. in regards to

Read More
APC
2025-07-01

Arabian Pipes Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts

Read More
Z7_K8M0I84021EV8060AAR40C00B7