Riyadh – Mubasher: Saudi Company for Hardware (SACO) announced Thursday it signed a Sharia-compliant refinancing agreement with Saudi British Bank (SABB), at a total value reaching SAR 104.4 million.
The refinancing period extends from 30 September, 2015 till 30 September, 2016, the company added.
According to SACO, the deal is aimed to finance the company’s working capital.
