WSM receives SAR 8.5M funding for technology sector track

23/10/2024 Argaam
Logo ofWSM Digitalization and Transformation Co.

Logo of WSM Digitalization and Transformation Co.

WSM Digitalization and Transformation Co. obtained financing worth 8.5 million for the technology sector track from the National Technology Development Program (NTDP) in partnership with Social Development Bank (SDB), according to a statement to Tadawul.

 

 

The five-year facility was guaranteed by a promissory note, the statement said.

 

The facility aims to support the company’s operational cycle, the statement noted, adding that there are no related parties to the deal.

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