Al-Babtain Power and Telecommunication Co. signed a medium - term Banking facilities agreement dated October 21, 2021 with Al Rajhi Bank through Islamic Murabaha Finance. Financing amount: SAR 250 million; Financing duration: Four Years; Guarantees offered for the financing Order notes by amount: SAR 282 million; Financing objective: For re-structure a part of short-term finances and transfer it to medium- term finance, which will reflect on increasing the necessary cash flow to finance the company needs.