Saudi Arabia's foreign reserve assets declined by SAR 80.9 billion, or 5%, month-on-month (MoM) to SAR 1.63 trillion in ...

Saudi Arabia’s Central Bank has taken steps to ensure that individual customer accounts are protected from unauthorized deductions by financing institutions. According to updated draft regulations, no ...

Saudi Arabia’s fintech startups have raised over $1.84 billion in venture capital investments since 2018, according to the ...

Saudi newspaper Okaz, citing updated draft regulations drawn up by the central bank, reported that such deductions are also prohibited if the financing contract does not include any stipulation ...

The Saudi Central Bank (SAMA) has announced the publication of revised Rules for Engaging in Debt-Based Crowdfunding. Image: Shutterstock The Saudi Central Bank (SAMA) added more disclosure ...

The evolving trade finance landscape presents opportunities for private capital to bridge gaps traditionally left by ...

Enabling faster, more efficient transactions directly with over 120 banks in the Arab region without intermediaries ...

"The potential that was sitting there waiting to be cultivated is evaporating with all these conflicts and this level of uncertainty," said Jasser, a former Saudi central bank governor. Last year ...

Saudi Arabia has reached its highest-ever levels of bank credit, latest figures show, the Saudi Press Agency (SPA) reported.

Saudi Arabia - Tamam, a Zain fintech and leader in KSA’s microlending sector, is collaborating with ZainTECH, Fico, and Lean ...