The Saudi Central Bank (SAMA) has issued a directive prohibiting local banks from using instant messaging applications such as WhatsApp for customer communications, citing reliability concerns.

The Saudi Central Bank (SAMA) announced the issuance of the Close-out Netting and Related Collateral Arrangements Regulations, applicable to all financial institutions under its supervision in ...

Central Bank calls for secure alternatives such as in-app Live Chat or ChatBot services Dubai: The Saudi Central Bank (SAMA) has prohibited local banks from using instant messaging applications ...

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This step comes after Custodian of the Two Holy Mosques King Salman bin Abdulaziz officially approved the symbol as part of Saudi Arabia’s effort to enhance its financial and cultural presence ...

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

The Saudi Central Bank (SAMA) licensed Al-Annaya Al-Yatmania Co. to provide finance aggregation services, bringing the total ...

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 ...

Firstly, it is hosted by prominent entities such as the Financial Sector Development Program (FSDP), Saudi Central Bank (SAMA), Capital Market Authority (CMA), and the Insurance Authority (IA ...