Publisher: Maaal International Media Company
License: 465734
Wednesday, 14 May 2025
East Pipes Obtains Financing capital worth SR275 mln
East Pipes Integrated Company for Industry (East Pipes) announces the signing of a bank’s working capital facilities agreement worth SR 275 million (compliant with the provisions of Islamic Sharia) with National Bank of Kuwait, and the duration is 360 days.
The company added that the financing capital will allocated for one of the company’s projects, and there are no related parties transactions in the agreement.
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