Jeddah : Monday, April 10, 2006

IDB will finance an import operation of raw materials and spare parts for (SNCPA) Company by way of Murabaha Finance.

The agreement was signed today at IDB Headquarters in Jeddah by H.E. Mr. Yahia Jalil the President of (SNCPA) and H.E. Dr. Sayed Jaffar Aznan the IDB Vice President.

It is worth mentioning that (SNCPA) had accomplished many successful trade operations with the IDB for the last years in the context of the Bank's efforts to strengthen and enhance intra-trade operations among member countries.