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.

Central Bank calls for secure alternatives such as in-app Live Chat or ChatBot services Dubai: The Saudi Central Bank (SAMA) has prohibited local banks from using instant messaging applications ...

Cumulative bank earnings before zakat and taxes reached SAR 8.14 billion ($2.2 billion) at the end of January 2025, rising by 16.2% from the same period in 2024, according to new figures from the ...

SAB was established as the Saudi British Bank in 1978. In 2019, it merged with Alawwal Bank and in April 2023 it changed its name to Saudi Awwal Bank. It has a network of 103 branches and employs ...

The ministry has urged the pilgrims to immediately report any fraudulent attempts to relevant security authorities or through the Saudi Central Bank's platform designated "Aman" (Safety).

This is reflected in the broad money supply measure (M3), according to the monthly statistical bulletin of the Saudi Central Bank (SAMA) for December. Liquidity levels grew from the beginning of 2024 ...

SAB’s strength in the private banking sector has been demonstrated across multiple areas, especially when it comes to ...

As of September 2024, SAIB served over 927,000 customers across 51 branches in Saudi Arabia. In November 2024, SAIB issued a $750 million USD-denominated additional tier 1 capital sustainable Sukuk.

Tesla has announced an upcoming launch of its electric vehicles in Saudi Arabia with a launch event planned in April in Riyadh. Tesla posted on its website an event called “Tesla Opening in King ...

China’s central bank expanded its gold reserves for a fourth month in February, as the precious metal rallied to record high. Bullion held by the People’s Bank of China rose by 0.16 million ...

TAIPEI, March 20 (Reuters) - Taiwan's central bank held its policy rate unchanged as expected on Thursday, prompted by lingering concerns over inflation and uncertainty about new U.S. trade tariffs.

Central bank holds overnight policy rate at 3% Analysts expect no change to rate in 2025 Tariff uncertainties cloud global outlook, central bank says Inflation likely to pick up, analyst says ...