‎“Halwani Bros” renews a bank facilities agreement worth SR210 ‎million

Halwani Bros. Company announced the signing of a renewal agreement for banking facilities compatible with the provisions of Islamic Sharia with Al Rajhi Bank worth 210 million riyals.

The company explained in a statement on Tadawul that the financing period for the working capital facilities is until the end of July 2024 and is renewed annually, while the guarantees are represented by a promissory note for the total value of the facilities.