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FINANCIAL NEWS
Saudi SAPTCO signs USD16.49m finance
07 May 2015
(MENAFN) Saudi Public Transport Company (SAPTCO) signed an accord for ensuring a USD16.49 million facility fund with Al-Rajhi Bank, Saudi Press Agency reported.
The finance is due for SAPTCO to buy 150 buses model 2016. The company will pay its dues through monthly allocated transactions over a period of three years.
SAPTCO was established in 1979 with a fully paid up capital of USD266.9 million in order to provide public bus transport services in the Kingdom of Saudi Arabia.
More News
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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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