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23-Oct-2016

Farm Superstores renews SAR151.3mn Murabha financing agreement with Gulf International Bank

Saudi Marketing Company (Farm Superstores) [4006.SE] announced that it has renewed its Sharia-compliant financing agreement (Murabha) with Gulf International Bank worth cSAR151.3mn, which the company will use to purchase goods. The loan term is from 28 August 2016 until 27 August 2017. (Tadawul)

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