06 Jun 2014
(MENAFN) Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. has signed an USD0.266 billion Islamic loan maturing in March 2021 to repay loans and fund expansion, according to Arab News.
The loan is repayable by semi-annual installments starting 18 months from June 4, the date of agreement, a bourse statement said.
Alhokair, the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the Kingdom, said last week it plans to issue a debut riyal-denominated sukuk.
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
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more