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Logistics (MENA) 
Modern Mills secures SAR 871 mn murabaha refinancing from SNB
Financing is earmarked for settling debt, future expansion, and capital requirements
Another miller to list on Tadawul
Arabian Mills has yet to release its prospectus
First Mills’ net income up 5.4% y-o-y in 1Q 2024
Strong sales from its flour and feed segments and cashflow optimization also fueled the growth in net income
Modern Mills sets SAR 44-48 per share range for IPO
MMC is looking to raise SAR 1.08 bn to SAR 1.178 bn from the offering