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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...

Fintech innovation vital for finanial sector development: SAMA Governor

The Saudi Central Bank (SAMA) Governor H.E. Dr. Ahmed Alkholeify said that the central bank wants to see more competition and development in new...

Saudi Central Bank extends pandemic loan scheme to support businesses

The Saudi Central Bank, previously known as Saudi Arabian Monetary Authority (SAMA) has extended a loan deferral scheme to support small businesses deal with the fallout...

Saudi Arabian Monetary Authority gets a new name – Saudi Central...

Under a new law approved by Saudi Arabia's King Salman bin Abdulaziz al-Saud, the Saudi Arabian Monetary Authority (SAMA) will be renamed to Saudi...
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