25.05.2009 - Jabal Omar picks Rajhi for Mecca project financing
From Tradearabia.com: Saudi Jabal Omar Development Company said on Sunday it had appointed an affiliate of the world's largest Islamic lender, Al-Rajhi Bank, to help it secure financing worth a previously estimated $3.31 billion. Al-Rajhi Financial Services Company is to provide 'financial advisory and arrange the necessary financing through diverse Islamic Sharia-compliant instruments' for the Jabal Omar project in the holy city of Mecca, Jabal Omar said in a statement posted on the bourse's website.......Full Article: Source
Print