Zahrat Al Waha Trading Co. renewed a Shariah-compliant bank facility agreement worth SAR 75.56 million with The Saudi Investment Bank (SAIB), according to a bourse statement on Monday.

 

The loan tenure extends from today June 22, 2020 until March 31, 2021, and is guaranteed by a promissory note.

 

The credit facility will be used to purchase and import manufacturing raw materials, as well as machinery and injecting moulding systems to finance business expansion.

 

There are no related parties, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request