Logo of Middle East Specialized Cables Co. (MESC)
Middle East Specialized Cables Co. (MESC) secured a Shariah-compliant credit facility worth SAR 70 million with Emirates NBD KSA, according to a statement to Tadawul today, March 28.
The facility, which runs for one calendar year, will go for financing the company's working capital, it added.
The facility is guaranteed by a promissory note with the loan's entire value, said MESC, adding that there are no related parties.
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