Middle East Company for paper industry signs agreement worth SR 115 million

Riyadh, 20 Safar 1437 AH, December 2, 2015, SPA — The Middle East Company for Paper Manufacturing and Production has signed a credit facility agreement with Al- Rajhi Bank at a total value of SR 115 million.
The company explained in a statement published on the website of the Capital Market “Tadawul” today that the company aims to finance its capital and purchases, noting that the duration of the agreement is from 10/11/2015 to 10/11/2020.
10:53 LOCAL TIME 07:53 GMT