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Saudi Arabia's 2P Obtains SAR376 Million Sharia-compliant Bank Facility

MT Newswires·09/21/2026 01:49:27
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01:49 AM EDT, 09/21/2026 (MT Newswires) -- Perfect Presentation for Commercial Services (SASE:7204), d/b/a 2P, secured a Sharia-compliant facility worth 376.2 million Saudi riyals from Banque Saudi Fransi (SASE:1050). The facility was renewed and increased to fund letters of guarantee and credit, and invoice financing for new projects, the Saudi Arabia-listed information and communications technology company said Sunday The financing is valid until Sept. 20, 2027.