Atheeb Telecom unit Go Money gets Saudi C.Bank OK for capital hike to SAR 138mln
Atheeb Telecom announced that its subsidiary Alhulul Almuntilaqa Company (Go Money) has received approval from the Saudi Central Bank to increase its capital from SAR 20 million to SAR 138 million. This increase will be funded by an additional cash contribution of SAR 100 million from Etihad Go Telecom Co.