Makkah Construction signs SAR 450 mln credit facility with Bank Albilad

10/11/2019 Argaam

 

Makkah Construction and Development Co. signed SAR 450 million shariah compliant, credit facility with Bank Albilad, the company said in a statement Tadawul.

 

The company said that the 9 years credit facility, including a 2 years grace period, will be used to renovate and develop hotels and towers in Makkah.

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