Publisher: Maaal International Media Company
License: 465734
Wednesday, 7 May 2025
Saudi Top secures SAR 21 mln financing from Bank Aljazira
Saudi Top Plastic Trading Co. announced on Wednesday it obtained a long-term Sharia-compliant financing (Tawarruq) from Bank Aljazira worth SAR 21 million, with a five-year term.
In a statement to Tadawul, the company said the financing is secured by a real estate mortgage valued at SAR 10 million and will be used to construct a factory on the West Coast.
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