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Saudi Arabia's 2P Renews, Boosts Banking Facilities

MT Newswires·08/10/2026 00:38:42
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12:38 AM EDT, 08/10/2026 (MT Newswires) -- Perfect Presentation for Commercial Services Co. (SASE:7204), d/b/a 2P, renewed and increased its Islamic sharia-compliant banking facilities with Saudi Awwal Bank. The information and communications technology company said in a Sunday filing that the financing totals 448.0 million Saudi riyals, with the facility agreement secured by a promissory note. 2P plans to use the facility to finance newly awarded projects.