Bahri, the National Shipping Company of Saudi Arabia, has signed a Murabaha revolving credit facility agreement totalling US$ 800 million with Al Rajhi Bank. The move is aimed at supporting and strengthening Bahri’s financial position, enhancing financial liquidity and funding its operational and capital needs.
Additionally, the partners say the new credit facility agreement provides Bahri with the means to achieve sustainable growth and achieve its long-term growth strategy, enabling it to...
https://www.themaritimestandard.com/bahri-signs-revolving-credit-facility/