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FINANCIAL NEWS
Oman’s Nawras inks USD51.80m credit facility deals
21 Feb 2013
(MENAFN) Omani Qatari Telecommunications Company (Nawras) announced that it has inked two USD51.80-million bilateral revolving credit facility deals, reported Times of Oman.
The company said that the 3-year tenure facilities would be used for capital spending and capital purposes.
The telco company said that it inked the agreements with two banks after it assessed 24 national and foreign lenders.
It is worth noting that the company has recently launched faster and super fast broadband speeds, after completing the first phase of its extensive network turbo-charging program.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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