Arab Sea Information System Co. — Capital/Financing Update 2025

Aug 6, 2025

Arab Sea Information Systems Company announces obtaining Sharia-compliant credit facilities

7201 · 06/08/2025 08:59:45 · Announcement #89323 · View on Saudi Exchange

Arab Sea Information Systems Company announces obtaining Sharia-compliant credit facilities

Element List	Explanation
Introduction	Arab Sea Information Systems Company announces that it has obtained Sharia-compliant credit facilities from Riyad Bank.
Date of obtaining the funding	2025-08-05 Corresponding to 1447-02-11
Financing entity	Riyad Bank
Financing amount.	26,000,000 Saudi Riyal
Financing duration.	5 Years
Guarantees offered for the financing	Promissory note and mortgage
Financing objective	The company aims to obtain these facilities to expand in government projects to increase the revenues.
Related Parties	None

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