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Saudi's Halwani Bros signs Islamic financing deals worth $37.3mln

Halwani Brothers Company has signed Islamic Shariah-complaint financing agreements worth a total of 140 million riyals ($37.3 million) with Al Rajhi Bank. Under the agreement, the Saudi-based food manufacturer will secure a medium-term three-year financing of 65 million riyals and a one-year renewable facility of 75 million riyals to meet…

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