Zamil Industrial, an international manufacturing group specializing in the air conditioners, steel, glass and fiberglass insulation sectors, recently signed a one year Sharia-compliant export financing agreement with Bank Al Jazira to supply the company products (steel buildings and air conditioners) to Darfur Reconstruction Fund in Sudan for a total of USD 20 million. The supply of the products will be during 2010.

On this occasion, Dr. Abdulrahman A. Al Zamil, Chairman of Zamil Industrial, valued the active role that Bank Al Jazira played in facilitating this agreement to finance Saudi exports. Moreover, he also thanked the Arab Investment & Export Credit Guarantee Corporation in Kuwait for guaranteeing the agreement.

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