Saudi Arabia: MEAHCO inks R350m loans

The Middle East Healthcare Company (MEAHCO), which owns and operates the Saudi German Hospitals, has signed Shariah-compliant loans with Emirates NBD and Bank Albilad for R350m (US$93.3). The loan with Emirates NBD is the renewal of a R150m revolving facility. It has been guaranteed by a promissory note from the company. Funds will be used…

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