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GIB signs credit facility agreement with Italy’s SAIPEM

Gulf International Bank — Saudi Arabia has announced the signing of a SR1.07 billion ($285.3 million) credit facility agreement with the Italian-listed multinational engineering group SAIPEM. The facility, in the form of a letter of guarantee, supports the company’s ongoing activities in the Kingdom. SAIPEM is a leading oil and…

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Click here to read the full story: Arab news

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