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Al Meera dips, extends Islamic financing facilities
- Qatar: Monday, September 10 - 2012 at 18:19
The QE Index fell recovered 0.23% to close at 8,477.76 points Monday. Al Meera Consumer Goods slipped 0.12% to QR166. Earlier in the day Al Meera said announced that Barwa Bank has extended to the company's Islamic banking facilities amounting to QR900m, "which will be used to repay all existing bank debts in full, and to finance future expansion and acquisition plans of the company and its subsidiaries," Al Meera said in a statement to the Qatara Exchange in Doha.
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Gérard Al-Fil, Financial JournalistMonday, September 10 - 2012 at 18:19 UAE local time (GMT+4)
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