TADCO to secure SAR 10 mln operating loan from Saudi ADF

22/04/2020 Argaam

Tabuk Agricultural Development Co. (TADCO) inked a SAR 10 million worth of an operating loan agreement with the Agricultural Development Fund of Saudi Arabia (ADF), the company said in a bourse statement.

 

The funding is expected to be disbursed within the coming days, and is forecast to reflect positively on the company's operations as well as its agricultural programs.

 

The agreement included no related parties, the statement added.

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