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Mobile Telecommunication Company Saudi Arabia (Zain KSA) announces signing a new SAR 2.25 billion Islamic Murabaha facility agreement to refinance its existing commercial loan with better terms.

Thursday 26 December 2019

Mobile Telecommunication Company Saudi Arabia (Zain KSA) announces signing a new SAR 2.25 billion Islamic Murabaha facility agreement to refinance its existing USD 599,808,061.42 (SAR 2,249,280,230.33) commercial loan with better terms reflecting the improvement in the Company’s performances and the continuous trust and support of the core banking group participating in the transaction.

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