Riyadh – Mubasher: Tadawul-listed Dur Hospitality Company said it signed today an Islamic securitisation contract with Riyad Bank worth SAR 31.5 million over one year till 10 February 2017.
The finance facility will go for the initial phase development of its hotel accommodation project in Al-Ahsa province.
This facility comes in line with the strategic transformation plan for the company, which aims to expand in the establishment of hotels and residential complexes across Saudi Arabia.
