Halwani receives the fourth installment of IDF’s credit

  • HB(0.93%)
15/12/2014 Argaam

Halwani Brothers Company obtained today the amount of SAR 13.6m representing the fourth payment of the Industrial Development Fund’s loan of SAR 165m.
 

This installment increases the amount received to SAR 65m or 39.3% of the total credit; the company said in a filing to Tadawul today.
 

According to Argaam; Halwani signed SAR 165.2m financing agreement with IDF to finance 50% of Jeddah industrial complex project.
 

Jeddah industrial complex project will include plants for all the products produced by Halwani Brothers Company.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.