Al-Khodari taps GIB for funding

Al-Khodari taps GIB for funding

Published: June 18, 2013

Saudi infrastructure company receives SAR290mn Islamic facility from Bahraini bank.

Abdullah A. M. Al-Khodari Sons Company, an infrastructure company based in Saudi Arabia, has signed a SAR290mn (US$77mn) Islamic funding line with Bahrain’s Gulf International Bank.

The company will use the money to fund working capital and capital expenditure.