| Element List | Introduction |
| Explanation | 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 | |
| Explanation | 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 | |
| Explanation | 2020-09-20 Corresponding to 1442-02-03 |
| Percentage of fulfilled achievement | |
| Explanation | core requirements have been completed |
| Event’s Expected Completion Date | |
| Explanation | During the current year 2021 |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | |
| Explanation | There are no costs associated with the event during the current period, and the financial impact will be announced later, if any |
| Element List | Explanation |
|---|---|
| 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 |













