Saudi Arabia’s Central Bank has taken steps to ensure that individual customer accounts are protected from unauthorized deductions by financing institutions. According to updated draft regulations, no ...

The Saudi Central Bank announced a 25 basis point cut to its ... Agreement rate by 25 basis points to 4.75 percent.” Saudi Arabia's gross domestic product (GDP) increased by 2.8% in the third ...

Image Credit: AFP Cairo: Financing institutions in Saudi Arabia are prohibited from deducting ... according to the kingdom's central bank. Saudi newspaper Okaz, citing updated draft regulations ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) and His Excellency Mr. Mohamed Al-Jadaan, Minister of Finance of the Kingdom of Saudi Arabia issued a joint statement t ...

Lean Technologies secures US$67.5M in Series B funding led by General Catalyst to expand its open banking infrastructure ...

“We are trying to open a bank in Saudi Arabia. We have applied to the Central Bank of Saudi Arabia, and we hope that will be successful soon. So that we can be the only first African bank with a ...

The Saudi Central Bank (SAMA) has announced the publication of revised Rules for Engaging in Debt-Based Crowdfunding. Image: Shutterstock The Saudi Central Bank (SAMA) added more disclosure ...

China has picked Saudi Arabia as the venue for its first sale of US dollar ... the sale of €2bn in euro-denominated debt in Paris, just before the European Central Bank cut interest rates that month.

The evolving trade finance landscape presents opportunities for private capital to bridge gaps traditionally left by ...

Saudi Arabia’s non-oil private sector expanded for the third consecutive month in October, driven by a surge in new orders - ...

Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) and the Hong Kong Monetary Authority (HKMA) signed an ...

Tamam, a Zain fintech and leader in KSA’s microlending sector, is collaborating with ZainTECH, Fico, and Lean Technologies to develop cutting-edge, AI-driven data solutions specifically tailored to ...