Friday, 2 May 2025

Meyar receives financing from Italian Export Credit, Insurance Agency for SAR 2.5 mln

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Meyar Company announced on Wednesday that it had obtained financing from the Italian Export Credit and Insurance Agency “SACE-Rome” to purchase new production lines from the Italian company SIMEM S.P.A.

The company said that the financing period is within 10 years, in exchange for guaranteeing bills of exchange with the financing amount, with the aim of expanding and adding new production lines.

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