News
14 October 2024

SNB funds new production line for Eastern Cement

In:
Manufacturing & equipment
Region:
Middle East & Africa

Eastern Province Cement Company has secured an SAR850 million ($226 million) Shariah-compliant credit facility with Saudi National Bank (SNB) for a new production line.Funding will primarily be used to support the construction of a new SAR1 billion ($269 million) production line with capacity of...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy

Perspective
24 April 2026

Panama looks at PPP, but keeps faith with receivables

Panama’s Metro Line 3 and Ruta del Este financings rely on strikingly different risk and revenue models. But together, they suggest that after a subdued spell, one of Latin...