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‎Kuwait’s Mabanee upsizes The Avenues Riyadh funding to SAR 11.4B

‎Kuwait’s Mabanee upsizes The Avenues Riyadh funding to SAR 11.4B

Logo ofMabanee Co.

Kuwait’s real estate developer, Mabanee Co., together with its partners in Shomoul Commercial Mall Co. L.LC, a subsidiary, signed an amendment and upsizing to the existing financing agreement for The Avenues Mall Riyadh by SAR 2.38 billion (about KWD 194.27 million) and securing a new financing for The Avenues Riyadh Towers at a value of SAR 3.45 billion (approximately 281.41 million…

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