Element List	Explanation
Introduction	Saudi AZM for Communications and Information Technology Co. Announces the signing of a Credit Facility Agreement with Aljazira Bank, which is compliant with the Islamic Sharia terms, worth 60 million SAR.
Date of obtaining the funding	2026-01-22 Corresponding to 1447-08-03
Financing entity	Aljazira Bank
Financing amount.	60,000,000 Sixty million SAR
Financing duration.	One year renewable
Guarantees offered for the financing	Promissory note
Financing objective	To cover the issuance of the required Letters of Guarantees for awarded projects and contracts, and support the related conditions.
Related Parties	Mr.Ibrahim Abdulrahman Alqunbit in his capacity as major shareholder of Saudi Azm co, and Aljazira Bank
Additional Information	The Agreement is within the credit facility limit, and includes working capital financing should the Company require it, The agreement was also signed at the end of Thursday, 03/08/1447 AH, corresponding to 22/01/2026 AD.