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Saudi’s ProMexEx secures $20mln loan from Riyad Bank

Banking

Saudi Arabian medical devices company ProMedEx has obtained a one-year Islamic credit facility of SAR 74.5 million ($20 million) from Riyad Bank.

The facility will be used to finance existing projects and business expansion.

Source: zawya.com

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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