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Saudi Automotive Services gets SR255m Islamic financing from Banque Saudi Fransi

The Tadawul All-Share Index added a quarter percentage point to reach 7,104.5, with Sabic as the most liquid share closing 1.40% higher at SR92.25. Shares of Saudi Automotive Services fell by 0.50% to SR19.95. Earlier in the day, the firm said it signed up for a SR255m Islamic credit facility with Banque Saudi Fransi. The proceeds will be used to finance expansion plans. Shares of Banque Saudi Fransi closed unchanged at SR31.90.

*Source: AME Info

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