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Aljouf cement company signed the agreement on 24 July 2024 for seven years ending in 2031

Aljouf cement company signed the agreement on 24 July 2024 for seven years ending in 2031, including a two-year grace period, according to a bourse filing.

Guarantees offered for the rescheduled financing include promissory note and mortgage of portion of its assets.

Aljouf Cement Company has signed an agreement with Alinma Bank to reschedule Islamic facilities to support the cement manufacturer’s operations.

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