Zoujaj signs SAR 108.5m credit agreement with SIDF

11/08/2012 Argaam

The national company for glass (Zoujaj) announced today on tadawul signing SAR 108.5m credit agreement with the Saudi Industrial Development Fund (SIDF).

This credit will be used in financing Riyadh factory expansion project.

 

The agreement has a term of 10 years, payable on 12 unequal semiannual installments starting from 15/8/1437 AH and covered by the project’s fixed assets.

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