Sha7en obtains EVs charging station license

Updated 9/20/2022 10:02:00 AM

Arab Finance: Sha7en, a subsidiary of M.B Engineering (MBEN), has obtained an electric vehicles (EVs) charging station license, M.B Engineering announced in a disclosure on September 20th.

The company received the license in accordance with a letter issued on September 19th as per the circular letter no.5 of 2022.

In March, M.B Engineering announced it was seeking to obtain a license to operate electric vehicles (EV) charging stations through its subsidiary Sha7en.

Established in 1990, M.B Engineering is a public company, which operates within the capital goods sector and focuses on construction and engineering.