Tagged: National Shipping Company of Saudi Arabia (NSCSA)

2011-06-28

NSCSA secures loan to purchase 4 ships

National Shipping Company of Saudi Arabia (NSCSA) has signed a Murabaha financing agreement with the Saudi British Bank (SABB) and the National Commercial Bank for SR822.6 million ($219 million). The money will be used to finance 80% of the cost of con…

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Tagged: National Shipping Company of Saudi Arabia (NSCSA)

NSCSA secures loan to purchase 4 ships

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