Logo of Advance International Company for Communication and Information Technology (AICTEC)
Advance International Company for Communication and Information Technology (AICTEC) announced obtaining, on May 16, a SAR 8.5 million financing for its information technology product from the National Technology Development Program in partnership with the Social Development Bank, according to a statement to Tadawul.
The five-year financing, guaranteed by a promissory note, will help support the company's operational cycle.
The deal included no related parties, the statement added.
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