Money and business

“Gulf Hills” renews an agreement with Banque Saudi Fransi for 45 million riyals


Yesterday, Hadab Al Khaleej Trading Company renewed a banking facilities agreement compatible with the provisions of Islamic Sharia with the Banque Saudi Fransi.

The company said in a statement on its website "Saudi Arabia trading"The value of the financing is 45 million riyals, and expires on December 31, 2026. She added that the guarantees provided in exchange for the financing are: a promissory note from the company, noting that the goal of the facilities is: financing working capital and issuing letters of credit.

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