Under his leadership, SAMA’s reserve assets have seen substantial growth, reaching SAR1.754tn by mid-2024, demonstrating a ...

Managing Director Kristalina Georgieva expressed her gratitude to Saudi Arabia for its continued and strong support for the IMF.Addressing remotely the meeting of the International Monetary and ...

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 ...

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 ...

Indonesia set to allow domestic helpers in Saudi Arabia after 10-year ban Jakarta is expected to send 600,000 domestic helpers and skilled labourers to Saudi Arabia, but rights groups are ...

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

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