SAMA

Economy

SAMA among Gulf central banks to mirror US Fed 25 bps interest rate hike  

Follow-ups -eshrag News: RIYADH: The Saudi Central Bank has increased its interest rate by 25 basis points to 5.25 percent,…

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Saudi news

SAMA authorizes a financial technology company to engage in debt crowdfunding

The Central Bank of Saudi Arabia announced the licensing of the “Raqimiya for Debt Crowdfunding” company, which is one of…

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Economy

SAMA issues licenses to debt-based crowdfunding fintech firms

Follow-ups -eshrag News: Mon, 2023-01-23 19:48 RIYADH: The Saudi Central Bank, known as SAMA, issued licenses to two fintech firms…

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Economy

SAMA reduces minimum paid-up capital for finance firms supporting SMEs 

Follow-ups -eshrag News: Sun, 2023-01-22 13:17 RIYADH: The Saudi Central bank, also referred to as SAMA, has announced adding a…

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Economy

SAMA launches Open Banking Lab to facilitate financial innovation 

Follow-ups -eshrag News: Wed, 2023-01-04 12:21 RIYADH: Open banking services in Saudi Arabia are set for a boost after the…

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Economy

SAMA to launch Basel III reforms implementation in January 2023

Follow-ups -eshrag News: Closing Bell: TASI rises for the second day in a row; closes up 1.28% to 10,458 points…

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Economy

Goods exports fuel 18% rise in Saudi Arabia’s current account balance: SAMA 

Follow-ups -eshrag News: RIYADH: The Saudi main index ticked up on Thursday, but September still marked a dismal month for…

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Economy

No absolute alternative to cash, says SAMA chief

Follow-ups -eshrag News: Mon, 2022-09-19 18:06 RIYADH: Saudi Arabia’s Central Bank Gov. Fahad Almubarak said digital currencies will not be…

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Economy

Saudi banks’ real estate lending hobbles after 2018 ascent: SAMA

Follow-ups -eshrag News: RIYADH: The cloud computing association of Saudi Arabia will hold the Saudi Cloud Computing Conference from Dec. 5-6, said…

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Economy

SAMA licenses two fintech payment firms, bringing total to 21 

Follow-ups -eshrag News: Fri, 2022-09-16 11:57 RIYADH: The Saudi Central Bank has licensed Arab Sea Financial Co. and Fatoorah as…

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