The point-of-sale (POS) transactions in Saudi Arabia reached nearly SAR 14.5 billion in the week ended March 22, down from ...

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 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.

Moreover, foreign reserves held by the Saudi Arabian central bank (Sama), have declined by around $73bn since the onset of the oil price slump last year. Losses are attributed to the ongoing conflict ...

Saudi Arabia's Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, has launched the first 'digital employee' at the Saudi Ground Services Company, Al Madina reported on March 13.

As a precaution, the Saudi Arabian Monetary Agency (SAMA) reinvested foreign capital into less volatile and lower risk products. “It is public information that Saudi Arabia’s reserves have been ...

! The Saudi Central Bank (SAMA) has officially prohibited local banks from using instant messaging apps like WhatsApp to communicate with customers. Read More: WhatsApp Calls Suddenly Work in ...