Riyadh - Mubasher: Yamama Cement announced on Tuesday that it has signed a finance agreement with the Saudi Industrial Development Fund with a total value of SAR 900 million ($240 million), according to a bourse filing.
The 9-year agreement will expire on 2 February 2026, and include 12 semiannual unequal payment installments, that starts on 2 October 2020.
According to the company’s statement to the Saudi Stock Exchange (Tadawul), the deal finances the establishments of Yamama Cement’s new factory
