FINANCIAL NEWS

Saudi Jabal Omar gets USD2.1b loan

18 Sep 2015

(MENAFN) Jabal Omar, the Saudi real-estate development firm has taken a USD2.1 billion loan in order to help fund a project in Makkah.

The involved loaners included both domestic Samba Financial Group and Saudi British Bank, and the loan will span over a twelve years period.

In more detail, the money will specifically be used to construct some phases of a project in Makkah, plus repaying a USD533 bridge loan.

More News

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