Saudi Central Bank - Global Business Magazine

Saudi Economy Expected to Rebound, says Riyad Capital

Global Business Magazine May 28, 2024

After a year of growth consolidation in 2023, the Saudi economy is expected to rebound in 2024 and 2025, Riyad Capital, a Saudi listed firm Read More

Finance Featured News World

Hong Kong and Saudi Arabia Developing ETF to Boost Economic Ties

Global Business Magazine May 13, 2024

Hong Kong and Saudi Arabia’s Tadawul have joined hands to create more financial products such as Exchange Traded Funds (ETF) to Read More

Technology Featured Finance News Regional

Saudi Central Bank Issues Permit to “Jeel Pay” to Offer BNPL Solutions

Global Business Magazine December 12, 2023

Boosting the ‘Buy Now Pay Later’ (BNPL) market in Saudi Arabia, the Saudi Central Bank (SAMA) on Monday issued licence to “Jeel Read More

Economy Featured News Regional

Saudi Citizens on Savings Spree, Highest in Nearly a Decade

Global Business Magazine November 2, 2023

Saudi Arabian Monetary Authority (SAMA), the Kingdom’s Central Bank said that the Saudi citizens exhibited a remarkable surge in their savings Read More

Technology Business Featured News Regional

Fintech Saudi and MasterCard Sign MoU to Spur Growth of Saudi Fintech Industry

Global Business Magazine September 8, 2023

MasterCard, The US-based global technology company in the payments industry, and Fintech Saudi signed a Memorandum of Understanding (MoU) during Seamless Saudi Read More

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Finance Business Featured News Regional

Saudi Central Bank and Hong Kong Monetary Authority to Enhance Cooperation

Global Business Magazine July 28, 2023

After the Central Bank of UAE (CBUAE), the Saudi Central Bank (SAMA) on Thursday held discussions with Hong Kong Monetary Authority (HKMA) Read More

Technology News Regional

Codebase Technologies and Saudi Business Machines Partner to Spearhead Digital Financial Services Innovation in KSA

Global Business Magazine March 15, 2023

Codebase Technologies (CBT), a leading global open API banking fintech, has partnered with Saudi Business Machines Ltd. (SBM), Saudi Arabia's leading provider Read More