Arab Sea Information System Co. Announces an update on related to establish Arab Sea Financial Company specialized in E- payments
Arab Sea Information Systems
Media Center June 10, 2021
Arab Sea Information System Co. Announces an update on related to establish Arab Sea Financial Company specialized in E- payments
Element ListIntroduction
ExplanationMINISTRY OF COMMERCE has approved the establishing of ARAB SEA FINANCIAL COMPANY(a closed joint stock company, one person) decision No. (360) 25/10/1442 H
Previous Announcement
Explanationapproval Board of Directors of the Arab Sea Information Systems Company to start establishing a company specialized in E- payments
Date of Previous Announcement on Tadawul’s Website
Explanation2020-09-20 Corresponding to 1442-02-03
Percentage of fulfilled achievement
Explanationcore requirements have been completed
Event’s Expected Completion Date
ExplanationDuring the current year 2021
The costs associated with the event, and if they have changed or not with indication of the reasons.
ExplanationThere are no costs associated with the event during the current period, and the financial impact will be announced later, if any
Element ListExplanation
Introduction MINISTRY OF COMMERCE has approved the establishing of ARAB SEA FINANCIAL COMPANY(a closed joint stock company, one person) decision No. (360) 25/10/1442 H
Previous Announcement approval Board of Directors of the Arab Sea Information Systems Company to start establishing a company specialized in E- payments
Date of Previous Announcement on Tadawul’s Website 2020-09-20 Corresponding to 1442-02-03
Percentage of fulfilled achievement core requirements have been completed
Event’s Expected Completion Date During the current year 2021
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, if any