| Element List | Explanation |
|---|---|
| Introduction | Middle East Specialized Cables Company (MESC) announces the renewal of a bank facilities agreement, complaint with Islamic Sharia with Emirates NBD Bank. |
| Date of obtaining the funding | 2026-01-22 Corresponding to 1447-08-03 |
| Financing entity | Emirates NBD Bank |
| Financing amount. | SR 150 million |
| Financing duration. | Till 30-07-2026 |
| Guarantees offered for the financing | A promissory Notes valued at 150,000,000 Saudi Riyals. |
| Financing objective | Financing the company working capital and issuance of Bank guarantees. (Performance Bank Guarantee) |
| Related Parties | N/A |
| Additional Information | Agreement dated on 2025-11-05 while the effective date of the facility activation took a place on 2026-01-22 The renewed facility has been increased from the previous one by 70,000,000 Saudi Riyals. |
