Saudi Cable Co Wins Regulatory Nod for SAR155 Million Zakat Dues Installment Plan

01:22 AM EST, 12/24/2025 (MT Newswires) -- Saudi Cable Co (SASE:2110) said Wednesday that it secured the Zakat, Tax and Customs Authority's clearance for its quarterly installment plan to pay its Zakat dues. The dues, worth 155.5 million Saudi riyals, cover the 2012, 2015 to 2021 and 2023 periods. The fiber optic cable manufacturer plans to pay off the dues across 36 payments in nine years, starting from Feb. 1, 2026.