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21-May-2025

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08/05/2025
Under the Patronage of SAMA Governor, Cooperation Agreement Signed Between FFM and Riyad Bank
Under the patronage of H.E. Mr. Ayman M. Al-Sayari, Governor of the Saudi Central Bank (SAMA), the Fund for Martyrs, Injured, Prisoners, and Missing Persons (FFM), and Riyad Bank signed a cooperation agreement on Thursday, May 8, 2025.
30/04/2025
SAMA Licenses “Nayla Finance” Company to Engage Microfinance Activity
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 companies in Saudi Arabia
28/04/2025
SAMA Licenses “Tamawal” for Finance Aggregation Services
The Saudi Central Bank (SAMA) licensed “Tamawal" company to provide finance aggregation services. With Tamawal, there are now (6) licensed companies providing finance aggregation services in Saudi Arabia.
27/04/2025
SAMA Seeks Public Consultation on the Draft “Update to the Implementing Regulations of the Finance Companies Control Law”
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
15/04/2025
SAMA: E-Payments Account for 79% of Total Retail Payments in 2024
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 - up from 70% in 2023
29/03/2025
SAMA Governor Congratulates the Leadership on the Occasion of Eid Al-Fitr
On his own behalf and on behalf of SAMA's staff, the Governor of the Saudi Central Bank (SAMA), H.E. Ayman Al-Sayari, congratulated the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud
23/03/2025
SAMA Licenses ALANNAYA AL-YATMANIA Company to Provide Finance Aggregation Services
The Saudi Central Bank (SAMA) licensed “ALANNAYA AL-YATMANIA” company to provide finance aggregation services
09/03/2025
SAMA Celebrates 68 Graduates of Second Batch of CAFP Program
The Saudi Central Bank (SAMA) celebrated the graduation of 68 participants from the Cyber Anti-Fraud Program (CAFP)
03/03/2025
SAMA Licenses “Tamara Finance” Company to Provide Consumer Finance and BNPL Services
The Saudi Central Bank (SAMA) licensed “Tamara Finance" company to provide consumer finance and buy-now-pay-later services. This addition brings the number of finance companies licensed and permitted by SAMA to 65 companies
25/02/2025
SAMA Issues Close-out Netting and Related Collateral Arrangements Regulations
The Saudi Central Bank (SAMA) announces the issuance of the Close-out Netting and Related Collateral Arrangements Regulations in the Kingdom of Saudi Arabia
20/02/2025
Custodian of Two Holy Mosques Approves Saudi Riyal Symbol
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency's identity.
17/02/2025
SAMA Licenses “ATAMAD” Company to Provide Consumer Microfinance Solutions
The Saudi Central Bank (SAMA) licensed “ATAMAD” company to provide consumer microfinance solutions. With ATAMAD
17/02/2025
To Enhance Digital Payments: SAMA Enables JCB Cards Acceptance in the Kingdom
The Saudi Central Bank (SAMA) announces the readiness of the national payment system “mada” to allow cardholders of JCB International (JCBI) to conduct digital payments through point-of-sale (POS) devices and cash withdrawals via ATMs
11/02/2025
SAMA Permits 4 FinTech Startups to Operate Under Regulatory Sandbox
The Saudi Central Bank (SAMA) permitted four new FinTech startups to test their innovative solutions in SAMA's Regulatory Sandbox
30/01/2025
FSB RCG MENA Group Held its Meeting in Sharm Elsheikh
The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met in Sharm El Sheikh, the Arab Republic of Egypt