Money and business

Paying 100 million riyals from the funding of “Saudi Al -Ahly”

The Modern Mills Company for Food Products announced its early and voluntary payment for the amount of 100 million riyals of the financing of Murabaha, which is based on the National Bank of Saudi Arabia.
According to the company’s statement on the circulation of Saudi Arabia, this early payment confirms the strength of the company’s financial position and its strong cash flows.
Early payment is expected to reduce cost and enhance the company’s public budget.

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