GNG Electronics increases corporate guarantee limit for Electronics Bazaar (FZC)

19 Aug 2025

GNG Electronics increases corporate guarantee limit for Electronics Bazaar (FZC)

The board of  GNG Electronics at its meeting held on 19 August 2025 has approved the enhancement of Corporate Guarantee from AED 10,000,000 (AED 10 million) to AED 15,000,000 (AED 15 million) in favour of Commercial Bank of Dubai as security for the working capital facility availed by Electronics Bazaar (FZC), material subsidiary of the Company.

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