Tuesday, May 27, 2025

Central Bank of Saudi Arabia

Saudi Central Bank allows the use of foreign pilgrims’ cards

“SAMA” pumps more than 5 billion riyals to secure liquidity during the Hajj season in Jeddah, Mecca, and Medina. It allows pilgrims to use ATM cards issued by their country for the first time. Announce Central Bank of Saudi Arabia,...

The Saudi Central Bank sets a maximum limit on banking services fees

The draft project of the Central Bank of Saudi Arabia “SAMA” aims to ensure that individuals and small and medium-sized companies obtain banking services and products with ease and convenience situation Central Bank of Saudi Arabia “SAMA”A draft draft specifies...

Saudi Arabia licenses 11 electronic money companies

The Central Bank of Saudi Arabia (SAMA) announced the launch of draft rules for opening electronic wallets to request public input male Central Bank of Saudi Arabia (SAMA)The number of electronic money companies licensed to provide electronic wallets in Saudi...

Saudi banks increase their personal loans by 6 billion riyals in January

Total bank credit in Saudi Arabia increased by 1.5%, by 38 billion riyals, to 2,621 trillion riyals in January, compared to 2,583 trillion riyals at the end of 2023. Total increasedPersonal loansprovided by Saudi banks by 0.5%, at 6 billion...

Latest News

UAE residents lost over Dh20 million in rejected Schengen visa applications in 2024

UAE residents hoping to visit Europe “wasted” a whopping Dh20.6 million (€4.93 million) in 2024 due to rejected Schengen...

Air Arabia to accept crypto payments for tickets through AE Coin

Air Arabia has become the first airline in the region to offer stablecoin-based payment. The Sharjah-based budget carrier has partnered with Al Maryah Community...

UAE announces Dh50,000 fine for pilgrims travelling to Hajj without permit

A fine of Dh50,000 will be imposed on any UAE citizen arriving in Saudi Arabia without a valid Hajj permit approved by the General...

Flydubai resumes daily flights to Damascus

Flights are now available for sale, underscoring the carrier's commitment to connecting underserved markets to Dubai. announced Flydubai Today, Emirates announced the resumption of direct...

32 countries allow UAE residents to travel directly to without a visa

Many countries offer visa-on-arrival or visa-free entry benefits. For residents In the UAE, regardless of their nationality, thanks to the UAE's strong global standing...