SAMA Announces Launch of ‘Samsung Pay’ Service in Saudi Arabia
The Saudi Central Bank (SAMA) announced in a press release today the launch of “Samsung Pay” in Saudi Arabia, through the national payment system “mada”, as part of its continuous […]
HRH the Crown Prince Congratulates the King of Morocco on the Successful Surgery He Underwent
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable congratulating King Mohammed VI of Morocco on the success of […]
The Custodian of the Two Holy Mosques Congratulates the King of Morocco on the Successful Surgery He Underwent
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has sent a cable congratulating King Mohammed VI of Morocco on the success of the surgery he underwent. […]
Saudi Arabia launches 10th round of ‘Sah’ savings product with 4.83% return
Saudi Arabia has launched the 10th round of its subscription-based savings product, Sah, for December, offering a competitive return of 4.83 percent. The initiative, aimed at fostering financial stability and […]
COP16: A turning point for global land restoration and drought resilience
The 16th session of the Conference of the Parties to the UN Convention to Combat Desertification is set to be a pivotal moment in the global fight against desertification and […]
Saudi banks post 3.7% loan growth in Q3 amid rising credit demand: report
Saudi Arabia’s banking sector recorded a 3.7 percent sequential increase in loans and advances in the third quarter of 2024, driven by a 4.4 percent surge in corporate and wholesale […]
Nine major deals worth $9.3bn signed at Riyadh WIC
Nine transformative investment deals under Saudi Arabia’s Global Supply Chain Resilience Initiative (GSCRI), valued at over $9.3 billion, were unveiled on Tuesday at the 28th World Investment Conference (WIC) in […]
Saudi Arabia announces $340bn spending for FY2025
Saudi Arabia’s Ministry of Finance today (November 26) announced the state budget for FY 2025 with revenues projected at SAR1.18 trillion ($315.7 billion) and expenditure at SAR1.28 trillion ($340 billion). […]
King Salman inaugurates Riyadh Metro
The much-awaited Riyadh Metro, the backbone of Saudi capital’s public transport network, was inaugurated on Wednesday (November 27) by King Salman bin Abdulaziz Al Saud. King Salman viewed an introductory […]
Moody’s upgrades Saudi Arabia’s rating on economic diversification
Global credit ratings agency Moody’s upgraded Saudi Arabia’s rating to “Aa3” from “A1” on Friday, citing the country’s efforts to diversify beyond its oil economy. The world’s leading oil exporter […]
