Regulation, Risk & Compliance
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MEPCO renews $53.33mln loan deal with Saudi Bank Albilad
Middle East Paper Company has extended a Sharia-compliant credit facility agreement worth SAR 200 million with Bank Albilad. The credit facility is a revolving loan renewable in August of every year. The deal is guaranteed by a promissory note, equivalent to the facility value, in favour of the bank, according…
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