Logo ofMiddle East Pharmaceutical Industries Co. (Avalon Pharma)
Middle East Pharmaceutical Industries Co. (Avalon Pharma) said it renewed Shariah-compliant credit facilities worth SAR 50 million with Alinma Bank. 
In a statement to Tadawul, the company said the one-year facilities were renewed on Aug. 19.
The facilities will support working capital and capital expenditure.
There are no related parties to the deal, the statement added.
Logo ofMiddle East Pharmaceutical Industries Co. (Avalon Pharma)
Middle East Pharmaceutical Industries Co. (Avalon Pharma) said it renewed Shariah-compliant credit facilities worth SAR 50 million with Alinma Bank.
In a statement to Tadawul, the company said the one-year facilities were renewed on Aug. 19.
The facilities will support working capital and capital expenditure.
There are no related parties to the deal, the statement added.
