Arabi Enertech Company, issued a statement to Boursa Kuwait today (Monday, July 1, 2024) revealing that its 73% subsidiary, Arabi Energy and Technology Company, has renewed 3 Murabaha contracts included in a banking facilities agreement with a local bank amounting to KD 20,365,373. Following the payment of a portion of the principal and profits of the Murabaha, all contracts are set to conclude on September 16, 2024.