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Obeikan Glass Co. Announces Securing Credit Facilities (in Compliance with Islamic Sharia)

OBEIKAN GLASS 9531 -35.49% 49.80 -27.40
Element List Explanation
Introduction Obeikan Glass Co.is pleased to announce to its valued shareholders that it had obtained securing credit facilities (in compliance with Islamic Sharia) with Alrajhi Bank to finance its working capital.
Date of obtaining the funding 2024-06-05 Corresponding to 1445-11-28
Financing entity Alrajhi Bank
Financing amount. 50 Million Saudi Riyal
Financing duration. One year
Guarantees offered for the financing Promissory Note with the full amount
Financing objective Financing working capital
Related Parties NA

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