Approval for a subsidiary of “GO” to practice consumer microfinance activity

Etihad Go Communications Company announced "Go" The acquisition of its subsidiary, Launching Solutions Company "Go Money"Yesterday, the final approval from the Central Bank of Saudi Arabia to practice consumer microfinance activity in the Kingdom of Saudi Arabia.

The company said in a statement on its website "Saudi Arabia trading"The company’s capital is 20 million riyals.

According to the statement, the launched solutions company (Go Money) aims to provide micro-financing services and contribute to strengthening the digital financial services system in the Kingdom of Saudi Arabia, in line with the goals of the Kingdom’s Vision 2030 and the strategic directions of the Go Communications Company (Go).

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