Riyadh – Sharikat Mubasher: Sure Global Tech Co. announced the renewal of an Islamic financing and banking services agreement with Saudi National Bank (SNB) worth SAR 36.8 million.
In a statement to Tadawul, the company added that the facilities, valid for seven months, are guaranteed by a promissory note worth SAR 40.48 million.
The facilities are aimed at funding current and future projects and issuing bank guarantees and letters of credit. There are no related parties to the deal, the company noted.
SURE Global Technology is considered as one of the leading Saudi IT companies with an experience that extends to more than 15 years full of accomplishments.
SURE provides several technical solutions in the field of technology and information security, Internet and Intranet Portals, e-Governments Solutions System Integration, and IT infrastructure systems. It also provides consulting services in the field of IT and related fields such as studies and solutions designed specifically for each sector.