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Saudi Marketing renews finance deal with Al Rajhi

Saudi Marketing renews finance deal with Al Rajhi
The SAR 200 million finance deal has been renewed til November
ALRAJHI
1120
-0.76% 65.00 -0.50
FARM SUPERSTORES
4006
-0.33% 18.34 -0.06

Riyadh – Mubasher: Saudi Marketing Company (Farm Superstores) announced renewing a Sharia-compliant credit facility agreement with Al Rajhi Bank.

The SAR 200 million finance deal has been extended until the end of November 2020, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

Farm Superstores reported a net profit of SAR 5.7 million during the first nine months of last year.