Published: Sep 24, 2014
Source: Tadawul

News

Email this story Print this page zoomin zoomout

Emaar The Economic City announces obtaining a Murabaha

Emaar The Economic City announces the signing of Murabaha agreement with Saudi British Bank as following:

1.loan was signed on 22-09-2014

2.Loan amount of SAR 2,000 Millions

3.Loan period duration from 25-09-2014 to 25-09-2021.

4.The purpose of the loan Completing residential and infrastructure projects in King Abdullah Economic City

5.Loan guarantee : The Company pledges all of its shares in the Port Development Company, amounting to a total of 260.5 million shares.

Middle East Stock Markets

Index Last Change %Change
TASI 6,875.87 +22.42 0.33%
ADI 4,704.70 +8.79 0.19%
DFMGI 3,690.39 -3.75 -0.10%
QE 10,941.43 +61.23 0.56%
KSE 6,435.75 +83.98 1.32%
MSM30... 5,734.140 +13.370 0.23%
ASE... 2,150.57 -14.11 -0.65%

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