FINANCIAL NEWS

Saudi SIDF offers USD746 m worth loans

22 Dec 2013

(MENAFN) The Saudi Industrial Development Fund (SIDF) will offer USD746 million loans for various industrial projects, which were valued at USD1.43 billion, according to Saudi Gazette.

Chemical industry will take the biggest portion of the loans at USD0.388 million, followed by cement industry at USD0.166 million.

Seven loans, out of 19, will be allocated for the chemical industry alone, while consumer goods will take four loans.

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