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 ...

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 ...

Enabling faster, more efficient transactions directly with over 120 banks in the Arab region without intermediaries ...

Saudi Arabia’s fintech startups have raised over $1.84 billion in venture capital investments since 2018, according to the ...

Four-party collaboration will result in the region’s first-of-its-kind AI-driven credit assessment model in the kingdom, ...

Restrictive covenants in global financial safety net system drive fragmentation, while CBDCs and digital petroyuan may alter ...

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

Figures from the Saudi Central Bank, also known as SAMA ... Corporate real estate lending in Saudi Arabia has surged as banks align with Vision 2030’s targets for urban expansion, economic ...

Saudi Arabia logged a budget deficit of 30 billion riyals ($8 billion) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue.

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 ...

International financiers have pulled support for a revolutionary paytech system being rolled out in the Middle East after it ...