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Zain Saudi says no deal with finance ministry on debt conversion

Wednesday 12 February 2020 | 09:49 CET | News
Zain Saudi Arabia has said that no settlement was reached with the Ministry of Finance to convert all or part of the outstanding debts due to the ministry, Argaam reported citing a statement to the bourse. The two parties did not reach an agreement, and thus the debts due to the ministry will continue at the same terms and conditions, it said.

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Categories: Mobile & Wireless
Companies: Zain Saudi Arabia
Countries: Saudi Arabia
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