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IDC MEA CIO Summit 2023
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IDC MEA CIO Summit 2023
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Tag: Saudi Central Bank

Saudi’s SAMA & CBUAE sign MoU for mutual supervision of insurance...

The Saudi Central Bank (SAMA) and the Central Bank of the United Arab Emirates (CBUAE) have signed a Memorandum of Understanding (MoU), which aims...

Saudi SAMA opens public consultation on implementing payment laws

The Saudi Central Bank (SAMA) has opened a public consultation on the draft implementing regulation of payments and payment services law. In the interest of...

Saudi Arabia’s expat remittance surged 19% in 2020

Saudi Arabia recorded an increase of 19.25 percent in remittances from expatriates during 2020, with the average annual transfer jumped to about $6,375.44 during...

Saudi Central Bank unveils ‘Sarie’ to promote national payments’ ecosystem

The Saudi Central Bank (SAMA) has launched the instant payment system (IPS) Sarie, under the patronage of the bank’s governor, Dr. Fahad bin Abdullah...

Saudi Central Bank gets Fahad Al-Mubarak as its new governor

Saudi Arabia’s King Salman has appointed Fahad Al-Mubarak as governor of the central bank (SAMA), one of the Kingdom's most sensitive positions, by replacing...

Saudi Central Bank issues regulations for debt crowdfunding activities

The Saudi Central Bank (SAMA) has issued regulations for the debt crowdfunding activities, which are aimed at regulating the licensing requirements for the companies,...

Saudi Virgin Mobile joins SAIB for mobile-based financial service

Virgin Mobile's Saudi operations has signed an agreement to be a 'strategic agent' for the Saudi Investment Bank (SAIB) to enable mobile-based financial service...

Saudi Arabia strengthened its anti-money laundering regulatory framework

Saudi Central Bank Governor H.E. Dr. Ahmed Alkholeify said that the Kingdom has strengthened its regulatory and legislative framework to tackle money laundering and...
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