Middle East Healthcare Co. (MEAHCO), the owner and operator of the Saudi German Hospital (SGH) brand, sealed on Thursday an Islamic Tayseer facility at a total value of SAR 100 million with National Commercial Bank (NCB).

 

The facility is valid until July 2017 and will be used to finance the company’s working capital requirements, it said in a statement to Tadawul.

 

The loan, which was guaranteed by a promissory note, could be repaid in monthly, quarterly, biannual installments, or in lump sum. 

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