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Saudi Ground Services Company has signed a shariah-compliant bank facility agreement with the Banque Saudi Fransi (BSF) of up to 300 million riyals ($80 million).
The facility, which is available to be drawn up to April 30, 2025, will be used to support working capital requirements.
The company is a Saudi-based provider of ground-handling services in commercial airports and is majority owned by Saudia.
(Writing by Brinda Darasha; editing by Seban Scaria)
