Oula Fuel borrows KWD 3.8m from ABK

Mubasher: Oula Fuel Marketing has obtained credit facilities worth KWD 3.8 million ($12.5 million) from Al Ahli Bank of Kuwait (ABK).

Oula Fuel clarified that no financial impact can be currently determined; however, these facilities will be registered in the income statements of the company, according to a bourse filing on Thursday.

At the stock level, Oula Fuel closed Thursday’s session at 111 fils.

Mubasher Contribution Time: 28-Dec-2017 14:10 (GMT)
Mubasher Last Update Time: 28-Dec-2017 14:10 (GMT)