BRIEF-Banan Real Estate Unit Obtains Islamic Credit Facilities

BANAN

BANAN

4324.SA

0.00

June 1 (Reuters) - BANAN REAL ESTATE 4324.SE:

  • QIMAM NOSHOZ OBTAINS SHARIA-COMPLIANT CREDIT FACILITIES

  • FINANCING AMOUNT 84 MILLION RIYALS

  • FINANCING WILL BE USED TO FUND CONSTRUCTION WORKS FOR AL RAHMANIYAH GEM AND AL WADI DISTRICT GEM PROJECTS

  • FINANCING WILL BE USED TO FUND HOTEL PROJECT IN AL WADI DISTRICT

Source text: ID:nSSE3yfS3F

Further company coverage: 4324.SE


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