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Saudi Al Babtain inks $26.66mln loan deal with SAIB

Al Babtain Power and Telecommunication company has signed a SAR 100 million medium-term credit facility agreement with Saudi Investment Bank under the murabaha system. The three-year loan, which will be paid through monthly instalments, is effective on 23 January 2020, according to the company’s disclosure to the Saudi Stock Exchange…

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