Saudi Arabia unveiled a new currency symbol for its riyal on February 20, marking a historic move to strengthen the national currency's identity, the Saudi Central Bank (SAMA) announced.

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.

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

The 24/7 electronic payment system allows financial institutions, companies, and individuals to transfer money instantly. The Saudi Central Bank (SAMA) announced it will launch the instant ...

The point-of-sale (POS) transactions in Saudi Arabia reached nearly SAR 10.5 billion in the week ended April 5, down from ...

RIYADH — Liquidity levels in the Saudi economy recorded robust growth, reaching their highest levels in history by the end of ...

Riyadh, Saudi Arabia: Jeel announced its collaboration with Google cloud, to empower digital and cutting-edge services to Saudi Arabia in the field of advanced AI capabilities, data analytics, and ...

The Saudi Central Bank (SAMA) licensed Al-Annaya Al-Yatmania Co. to provide finance aggregation services, bringing the total number of licensed providers in Saudi Arabia to five. The decision aligns ...