One of the projects built by the company.
Al Khodari gets $36m loan from major shareholder
RIYADH, December 31, 2015
Saudi Arabia construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Thursday that it has borrowed a SR135 million ($36 million) interest-free Islamic loan from its major shareholder.
The loan from Abdullah Al-Khodari Sons Investment Holding Company will be used towards working capital and capital expenditures, and will be repaid before December 31, 2018, the company said in a statement to the bourse. - Reuters