Riyadh – Mubasher: Saudi Arabia-based Zahrat Al Waha for Trading Company has announced extending a credit facility agreement with Alawwal Bank at a value of SAR 25 million.
The contract will extend from 16 May 2018, until 28 February 2019, according to Zahrat Al Waha’s statement to the Saudi Stock Exchange (Tadawul).
The Saudi firm further indicated that the deal aims at financing its operating capital. The loan was secured through a promissory note, the statement added.
