Published: Aug 06, 2014
Source: Tadawul

News

Email this story Print this page zoomin zoomout

Astra industrial group announces obtaining a islamic banking facilities

Astra Industrial Group announces the signing of Islamic Banking Facilities agreement with The Saudi British Bank (SABB) as following:

1.loan was signed on 06-08-2014

2.Loan amount of SAR 877,500,000

3.Loan period duration from 06-08-2014 to 06-08-2020.

4.The purpose of the loan is Islamic banking facilities to fund the CAPEX

5.Loan guarantee : Usual bank documents and Promissory Note. 

Middle East Stock Markets

Index Last Change %Change
TASI 6,898.93 +23.06 0.34%
ADI 4,698.78 -5.92 -0.13%
DFMGI 3,716.98 +26.59 0.72%
QE 10,959.82 +18.42 0.17%
KSE 6,641.78 +206.03 3.20%
MSM30... 5,750.910 +16.770 0.29%
ASE... 2,152.13 +1.56 0.07%

Recent Analyst Actions  >>

or
Company Price Opinion
DXB Entertainments 1.90 Buy
Abdullah Al Othaim Markets 125.60 Overweight
Bupa Arabia for Cooperative 137.60 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Saudi Telecom Co. 68.90 Overweight

Markets Today Quick Links

×

Get all the latest updates about the GCC & Global Markets directly to your email