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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




Tags: Saudi Arabia | Construction | Al-Khodari |

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