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Morabaha Marina Financing Unit Gets License Renewal in Saudi Arabia

MT Newswires·09/02/2026 09:32:01
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09:32 AM EDT, 09/02/2026 (MT Newswires) -- The Saudi Central Bank renewed the license of Morabaha Marina Financing's (SASE:4082) unit Digital Payment Co, or Loop, to carry out payment services activities as a large electronic money institution in Saudi Arabia. The renewed five-year license is valid until Dec. 1, 2030, the digital financial service company said Wednesday.