Riyadh - Mubasher: Elm Company renewed a bank facilities agreement worth SAR 500 million with Al Rajhi Bank on 22 September 2025, according to a bourse disclosure.
The Sharia-compliant credit facility deal will be valid for 12 months and secured by a promissory note to the total facilities limit.
Elm will use the loan to finance its working capital and bank guarantee facilities.
On the sidelines of the Money20/20 Middle East conference, Elm inked a cooperation agreement with Najm for Insurance Services to boost the quality of services provided to beneficiaries.
