Wednesday, May 22, 2024

Central Bank

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...

Central Bank of Saudi Arabia hosts a regional meeting to discuss reserves management

This meeting is considered a platform for exchanging knowledge and experiences between experts and specialists in the field of financial policies. Discussions during the meeting are expected to include in-depth analyzes of the current status of reserve management and...

Gold achieves new record high supported by central bank purchases

The European Central Bank is expected to keep interest rates unchanged, which may contribute to continued rise in gold prices. In anticipation of the release of important economic data and a decision on interest rates from the European Central Bank,...

Central Bank of Egypt issues regulations governing financing lease activity

The Central Bank of Egypt (CBE) has issued some regulations governing the financing provided by the banks to the financing lease firms, Al Mal News reported, citing the (CBE). As per the new regulations, the total direct and indirect credit...

Latest News

The Saudi Crown Prince reassures the Saudis about the health of King Salman

The Royal Court announced in a previous statement that King Salman had undergone medical examinations at the Royal Clinics...

Abu Dhabi Global Market fines a company that violated regulatory regulations

Regulations imposed by the Financial Services Regulatory Authority prohibit the offering of securities on the Abu Dhabi Global Market without an approved prospectus Announce Abu...

Abu Dhabi allows passenger bus windows to be tinted up to 30%

Abu Dhabi Transport stated that the goal of shading bus windows is to protect passengers from bright sunlight and reduce the internal temperature of...

Investments worth 88 billion riyals for food self-sufficiency in Saudi Arabia

Thanks to a strong industrial base of more than 1,500 food factories, the Kingdom has achieved a self-sufficiency rate of up to 100% in...

Dubai witnesses a 105% growth in licenses for ship bunkering companies

The percentage of approvals for docking operations in Dubai ports increased by 3.4%, and the percentage of ship towing operations increased by 82%. The Ports,...