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SAUDI PAK INVESTMENT APPROVES US$21 MLN FINANCING TO 27 FIRMS.
ISLAMABAD, Jan 2 Asia Pulse - The Board of Directors of Saudi Pak Industrial and Agricultural Investment Company (Pvt) Limited has approved a new Rs1.3 billion (US$21.6 million) financing to 27 companies.
The Board met in Dubai on Dec 31 under the Chairmanship of Dr Abdullah Tal-Thenayan, who is also Director General of Arab Company for Livestock Development, Kingdom of Saudi Arabia.
According to an announcement made by the local Saudi Pak office, the Board approved a total financing of Rs1.3 billion to 27 companies which comprised Rs817.0 million for 19 companies in manufacturing sector and Rs554.0 million for 8 companies in services, energy and financial sectors.
The Board reviewed the operating ...
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