Nawras signs two additional bilateral revolving credit facility agreements worth OMR 20 million

Muscat, Omani Qatari Telecommunications Company SAOG, Nawras, signed two additional bilateral revolving credit facility agreements totalling OMR 20 million with three-year tenure, for capital expenditure and working capital purposes. 

The additional bilateral revolving credit facility agreements with HSBC Bank Oman S.A.O.G and Qatar National Bank S.A.Q Oman follow a competitive selection process that included 24 national and international banks.