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Al Mouwasat, Samba Sign 175 Million-Riyal Murabaha Deals

Al Mouwasat Medical Services said it signed two murabaha agreements with Samba Financial Group valued at a combined 175 million riyals, according to a statement to the Saudi bourse today.

A murabaha deal valued at 150 million riyals will be used for a project to build a hospital in Dahran and the other will finance a housing complex in Riyadh, it said.

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