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Nawras Signs Two Additional Bilateral Revolving Credit Facility Agreements Worth OMR 20 Million

2013-02-19 - 07:44 GMT
Oman Oman


Nawras Signs Two Additional Bilateral Revolving Credit Facility Agreements Worth OMR 20 Million

Mobilk - Omani Qatari Telecommunications Company SAOG – Nawras, signed two additional bilateral revolving credit facility agreements totalling OMR 20 million with three-year tenure, for capital expenditure and working capital purposes. 

The additional bilateral revolving credit facility agreements with HSBC Bank Oman S.A.O.G and Qatar National Bank S.A.Q Oman follow a competitive selection process that included 24 national and international banks.

 





Ooredoo Om

Nawras ('النورس' in Arabic) is a mobile communications provider in the Sultanate of Oman. The services were commercially launched on 16 March 2005 in the market previously occupied by a sole operator Omantel....



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