Saudi Arabia’s Fintech Transformation
Saudi Arabia's Fintech Sector Transformation Saudi Arabia's financial sector is undergoing significant changes, fueled by Vision 2030 reforms, according to ...
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Tag: Saudi Central Bank
SAMA Lowers Key Interest Rates by 50 Basis Points
The Saudi Central Bank (SAMA) has lowered its key interest rates by 50 basis points. The repurchase agreement (repo) rate ...
Saudi Central Bank’s Reserves Surge by 5.5% Yearly
The Saudi Central Bank, known as SAMA, has witnessed a robust annual increase in its reserve assets, rising by 5.5% ...
SAMA Joins BIS Initiative to Advance Cross-Border Payments
The Saudi Central Bank (SAMA) has recently announced its active participation in the mBridge project, an initiative steered by the ...
Saudi Central Bank Engages Public on Finance Company Guidelines
The Saudi Central Bank (SAMA) has made a public announcement inviting comments on the newly drafted 'Internal Audit Principles' and ...
Saudi Liquidity Soars with Economic Fortitude
The Saudi Arabian economy demonstrated robust financial health as the liquidity levels soared by the close of March 2024, surpassing ...
Saudi Arabia Bolsters Fintech Sector with New Licensing
The Saudi Central Bank, known as SAMA, has expanded its fintech ecosystem by authorizing Thara, a debt crowdfunding service, to ...
Saudi Central Bank Approves Two New Payment Service Providers
The financial landscape in Saudi Arabia has experienced a significant expansion with the Saudi Central Bank (SAMA) granting licenses to ...
Saudi Central Bank Greenlights New Crowdfunding Entrant
The Saudi Central Bank, known as SAMA, has expanded the realm of debt-based crowdfunding by authorizing Thara to join the ...
Saudi Central Bank Advances Financial Governance and Cyber Fraud Training
The Saudi Central Bank (SAMA) is currently inviting public feedback on proposed updates to the “Key Principles of Governance in ...