The total bank credit extended to the public and private sectors in Saudi Arabia reached SAR3,005,946 million by the end of January 2025, according to the Saudi Central Bank’s (SAMA) monthly ...

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Saudi Central Bank (SAMA) has promoted Aliya AlSadhan to head of fintech partnerships. In her role, AlSadhan will focus on regulatory frameworks, building strategic partnerships, supporting fintech ...

Net income at banks in Saudi Arabia improved to SR21.5bn ($5.7bn ... 3.1 per cent), as banks’ cost of funding reduced by 12bp (to 3.2 per cent) after the central bank cut interest rates by 50bp in ...

The Saudi Arabia riyal now has a symbol like the $ and €. The Saudi Central Bank has launched a new symbol for its currency ...

The Arab African International Bank (AAIB) is planning to set up a branch in Saudi Arabia, in a move to capitalize on the ...