The Saudi Central Bank (SAMA) licensed “Nayla Finance” company to engage microfinance activity. This addition brings the total number of finance companies licensed by SAMA to 66 co...
The Saudi Central Bank (SAMA) licensed “Tamawal" company to provide finance aggregation services. With Tamawal, there are now (6) licensed companies providing finance aggregation s...
The Saudi Central Bank (SAMA) announces the launch of the draft “Update to the Implementing Regulations of the Finance Companies Control Law” for public consultation
The Saudi Central Bank (SAMA) announced that electronic payments accounted for 79 % of total retail payments in 2024 - one of the Financial Sector Development Program's Objectives ...