Publisher: Maaal International Media Company
License: 465734
Zahrat Al Waha Trading Company announced the renewal of the Sharia-compliant credit facilities agreement with Arab National Bank for 145 million Riyals to open documentary credits for the purchase of raw materials and capital expansions.
The company said in a statement today that the guarantees provided for the financing are represented by a promissory note provided by the company in the amount of 110 million Riyals.