Dr. Sulaiman Al Habib Medical Group’s (HMG) subsidiary, North of Riyadh for Healthcare Company, signed today, Oct. 29, a long-term Sharia-compliant credit facility of SAR 2.17 billion with Saudi British Bank (SABB).

 

The facility has a duration of 13 years, with a five year grace period. It will be used to fund North Riyadh Hospital Project in Al-Sahafa District, the company said in a bourse filing.

 

The credit facility is guaranteed by a promissory note, corporate guarantee from HMG and mortgage of the project’s land to the bank.

Comments 4

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430

أبوسلطان المضارب المستثمر

منذ 5 سنه

ما فلحتوا وقت الرخا تبون تفلحون الحين

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adool

منذ 5 سنه
Replying to   أبوسلطان المضارب المستثمر

انا اشهد

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عضو مميز
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ابو الطيب المتنبي

منذ 5 سنه
Replying to   adool

وانا كمان 

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ابن عربان

منذ 5 سنه

وأنا اشهد ايضاً

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