Tasnee, Sahara Get $1.4B Islamic Loan For Petrochem Plants
The 16-year syndicated loan will fund a new complex in Jubail Industrial City on the country's Gulf coast that is slated to start production in early 2013, Sahara said. The project is a joint venture with Dow Chemical Co. and Evonik Industries AG, a German chemicals company.
The loan is...
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