Maaden talks with banks for finance of around SAR 7 billion

21/04/2012 Tadawul

Saudi Arabian Mining Company (Maaden) announce that it is in the process of consultation with number of Banks with the intention to obtain medium-term Murabaha financing which will not exceed 7 billion Saudi Riyals. The purpose of this funding is to finance the Companys investments in the future projects. Any development in this regard shall be announced in due course.
 

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