Money and business

Halwani Brothers signs an agreement with Emirates NBD Bank worth 100 million riyals


Today, Halwani Brothers Company signed a banking facilities agreement compatible with the provisions of Islamic Sharia with Emirates NBD Bank.

The company said in a statement on its website "Saudi Arabia trading"The value of the financing is 100 million riyals, while the duration of the financing is one year, renewable, in accordance with the terms and conditions of the agreement.

She added that the guarantees provided in exchange for the financing: a promissory note for the total value of the facilities.

She indicated that the purpose of the financing: facilities to finance working capital.

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