logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Stc Solutions secures $133mn facilities from Riyadh Bank

Stc Solutions secures $133mn facilities from Riyadh Bank

NOHA.GAD
Nov 26, 2024
Contact Center Company, a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million from Riyad Bank

Riyadh - Sharikat Mubasher: Saudi Arabia’s Contact Center Company (CCC), a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million (around $133.3 million) from Riyad Bank, according to the company’s statement.

According to the financing agreement, Riyad Bank will provide financing for one year, in compliance with the provisions of Islamic Shariah. The facilities will be used to finance working capital and issuance of letters of guarantee.

CCC, also known as Arabian Internet and Communications Services Company, helps its clients enhance their entire customer experience lifecycle, enabling them to build relationships, improve engagement with their customers, and unlock new business value.

It aspires to become a leader in customer experience management through excellence in execution and continuous innovation.

Tags

Saudi Arabia
Bank facilities
Share

Attract clients with your ad

Start Now

Trending

Al-Falih: 90% of Kingdom’s foreign investments now flow into non-oil sectors
MUBASHER.SA
Tabby hits $4.5bn valuation after secondary share sale
MUBASHER.SA
Saudi Arabia unveils SAR 1 bn funds to advance biotechnology sector
MUBASHER.SA
Moroccan Akdital plans $1.4bn Saudi expansion to build 6 hospitals
MUBASHER
HUMAIN, Qualcomm join hands to advance AI infrastructure in Saudi Arabia
MUBASHER.SA

Related News

Funding News
Calendar Icon
Oct 27, 2025
Arabic AI startup Velents raises $1.5mn to launch Agent.sa
Read More
Funding News
Calendar Icon
Oct 27, 2025
Najeeb.ai secures pre-seed funding to power AI-driven insurance in Kingdom
Read More
Funding News
Calendar Icon
Oct 26, 2025
Squadio raises SAR 11 mn pre-series A to power global expansion
Read More
Funding News
Calendar Icon
Oct 23, 2025
Oman’s KitchenomiKs raises $3.2mn in funding round led by Jasoor Ventures
Read More
Funding News
Calendar Icon
Oct 22, 2025
Property Finder lands $250mn in growth financing from Ares Management
Read More
Funding News
Calendar Icon
Oct 21, 2025
TabSense closes $5mn funding to roll out AI Agentic PoS system
Read More
Funding News
Calendar Icon
Oct 21, 2025
Cercli secures $12mn to build AI-powered workforce management platform
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher