Saudi Arabian Amiantit Co. headquarters
Saudi Arabian Amiantit Co. completed, on Feb. 14, thepaperwork required for transferring the ownership of its subsidiary to Alinma Bank’s investment fund. In return, it was relieved of all obligations towards Alinma Bank, amounting to SAR 572.7 million. These obligations constitute about 50% of Amiantit’s total obligations owed to banks…
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