QR300m finance deal signed by A'Saffa


(MENAFN) Oman's largest poultry and processed food producer signed an agreement with Bank Muscat's Islamic Banking window Meethaq, in order to successfully wrap up the financing facilities of OMR31.5m (about QR300m) to fund the company's strong expansion plans, in which will keep it the largest fully integrated poultry project in the Sultanate of Oman.CEO of A'Saffa Foods SAOG Dr. Nasser Zahir Nasser Al Maawali, signed the financing agreement along with Sulaiman Al Harthy Deputy CEO from Meethaq, at a ceremony that was held in the Bank Muscat headquarters in Seeb. The deal was signed in the presence of Chairman of A'Saffa Foods, Sheikh Rashid Saif Mohammed Al Saadi; CFO, Rafique Chaudhary; Head of Marketing & Sales, Sidhartha Lenka, as well as senior management from both A'Saffa Foods and Bank Muscat.

MENAFN0410201700450000ID1095919507


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.