UMM AL-QURA CEMENT COMPANY ANNOUNCES OBTAINING A ISLAMIC FINANCING

23/07/2014 01:38 AST

Umm Al-Qura Cement Company announces the signing of Islamic financing agreement with The Saudi British Bank ( SABB ) as following:

1.loan was signed on 22-07-2014

2.Loan amount of SAR 618,874,000

3.Loan period duration from 22-07-2014 to 22-07-2017.

4.The purpose of the loan Financing needs of the project

5.Loan guarantee : Signing the usual Bank documents , including promissory note.


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