logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Stc Solutions secures $133mn facilities from Riyadh Bank

Stc Solutions secures $133mn facilities from Riyadh Bank

NOHA.GAD
Nov 26, 2024
Contact Center Company, a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million from Riyad Bank

Riyadh - Sharikat Mubasher: Saudi Arabia’s Contact Center Company (CCC), a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million (around $133.3 million) from Riyad Bank, according to the company’s statement.

According to the financing agreement, Riyad Bank will provide financing for one year, in compliance with the provisions of Islamic Shariah. The facilities will be used to finance working capital and issuance of letters of guarantee.

CCC, also known as Arabian Internet and Communications Services Company, helps its clients enhance their entire customer experience lifecycle, enabling them to build relationships, improve engagement with their customers, and unlock new business value.

It aspires to become a leader in customer experience management through excellence in execution and continuous innovation.

Tags

Saudi Arabia
Bank facilities
Share

Attract clients with your ad

Start Now

Trending

Savvy Group, Alfaisal University to launch new Game Design program
MUBASHER.SA
Riyadh Air partners with Mastercard to reshape global travel experience
MUBASHER.SA
Microsoft nears completion of cloud infrastructure in Saudi Arabia
MUBASHER.SA
Saudi Arabia tops regional gaming markets with $1bn spend, highest ARPU
MUBASHER.SA
SC Ventures, Sanabil Studio partner to scale SME-focused fintech ventures
MUBASHER.SA

Related News

Funding News
Calendar Icon
Feb 4, 2026
BlueFive closes $3bn Onyx Fund I to back innovative businesses
Read More
Funding News
Calendar Icon
Feb 4, 2026
Qureos raises $5mn seed round to develop AI capabilities
Read More
Funding News
Calendar Icon
Feb 4, 2026
MMC closes SAR 5 mn funding round to launch media investment operations
Read More
Funding News
Calendar Icon
Feb 1, 2026
Hydrovest Technology secures QAR 1 mn to scale smart agriculture
Read More
Funding News
Calendar Icon
Feb 1, 2026
PayLater raises $10mn in Seed funding
Read More
Funding News
Calendar Icon
Feb 1, 2026
EvolutionX leads $50mn growth capital round raised by Kitopi
Read More
Funding News
Calendar Icon
Feb 1, 2026
SkipCash raises $4mm in Series A funding
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher