Riyadh, Saudi Arabia: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, has participated in the financing of SAR 5 billion revolving credit facility to Riyadh Air, the new national carrier wholly owned by Saudi Arabia’s Public Investment Fund (PIF).
The funding, which comes from Emirates NBD and seven other financial institutions across Saudi Arabia and the region, will provide critical support for Riyadh Air’s operational launch, fleet…
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