Roshn in talks with international banks for SAR 2.6 bn in financing
The firm is also looking to raise SAR 18 bn from local banks by year’s end
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The firm is also looking to raise SAR 18 bn from local banks by year’s end
The financial health of companies in that category is hard to gauge
PLUS: China plans to issue up to USD 2 bn in bonds in Saudi next week
The transaction is still pending regulatory approvals
The funds are earmarked for aircraft purchases and working capital requirements
Similar agreements were signed with Chinese banks in August
The fund will focus on manufacturing, renewables, fintech, and healthcare
PLUS: Elon Musk makes an appearance
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