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Arab National Bank : Inks an SR 90 mln Islamic finance agreement with Jenan Real Estate Company

Posted on 13 March 2012

Jenan Real Estate Company executed an agreement with Arab National Bank pursuant to which the Company will secure an SR 90 million in Islamic Finance Facility to finance Company projects, particularly Al Nawras Village Project dedicated for SAUDI ARAMCO employees.
Jenan is one of the leading real estate development companies in Saudi Arabia, with a registered capital of SR 475 million. The value of development projects currently in progress exceeds SR 6 billion………………………………………..Full Article: Source

 
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