Arab Sea Information System Co. Announces the latest update related to establish Arab Sea Financial Company specialized in E- payments
Arab Sea Information Systems
Media Center September 18, 2022
Arab Sea Information System Co. Announces the latest update related to establish Arab Sea Financial Company specialized in E- payments
Element ListIntroduction
ExplanationArab 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
ExplanationArab 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
Explanation2022-01-02 Corresponding to 1443-05-29
Percentage of fulfilled achievement
Explanation100%
Event’s Expected Completion Date
Explanationfinal 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.
ExplanationThere are no costs associated with the event during the current period, and the financial impact will be announced later
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