Monday 31, December 2012 by Robin Amlôt

SAHARA affiliate signs Murabaha refinancing facility

SAHARA Petrochemicals Company affiliate, Saudi Ethylene & Polyethylene Company (SEPC, 24.41 per cent owned by SAHARA) has completed  a long-term Murabaha Refinancing Facility Agreement in Saudi Riyal with eight local banks in addition to one regional bank for a total amount of SAR 4.8 billion.

Features & Analyses

Investment Banking View from the top

Mashreq CEO Abdulaziz Al Ghurair reveals his thoughts to Banker Middle East on the outlook for the UAE banking sector in 2016. read more