Arab Sea Information System Co. Announces the latest update related to establish Arab Sea Financial Company specialized in E- payments
|Introduction||Arab Sea Information System Company announces that on September 15, 2022, Arab Sea Financial Company( one of its subsidiaries ) obtained the final approval from the Saudi Central Bank to engage in E- payments activity, according to what was published on the website of the Central Bank of Saudi Arabia.|
|Previous Announcement||Arab Sea Information System Co. Announces the latest update related to establish Arab Sea Financial Company specialized in E- payments|
|Date of Previous Announcement on Tadawul's Website||2022-01-02 Corresponding to 1443-05-29|
|Percentage of fulfilled achievement||100%|
|Event's Expected Completion Date||final approval was obtained from the Central Bank of Saudi Arabia to engage in E- payments activity on September 15, 2022|
|The costs associated with the event, and if they have changed or not with indication of the reasons.||There are no costs associated with the event during the current period, and the financial impact will be announced later|
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