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With reference to the above mentioned subject, and the CMA regulations issued on November 9th, 2015, module ten”disclosure and transparency” on the disclosure of the material information, National Investments Company (NIC) would like to announce that it has signed a loan agreement with a local bank to obtain a banking loan of 13 million KD for a tenor of five years, to be utilized for investment purposes. There will be immaterial increase in the interest expenses of 481 thousand KD. Material financial impacts, if any, will be disclosed later.

myNIC