Tuesday, June 10, 2025

Saudi Central Bank

Google Pay payment service to be available in the Kingdom by 2025

Google Pay payment service, enabling users in the Kingdom to purchase from stores and websites around the world. A statement Saudi Central Bank SAMA announced signing an agreement with Google to launch Google Pay in the Kingdom via the national...

Saudi Central Bank issues new rules to protect “electronic wallets”

The Saudi Central Bank “SAMA” issues regulatory rules for electronic wallets.. Find out when they will be implemented. Issued Saudi Central Bank "SAMA" Regulatory rules for electronic wallets, within the framework of its supervisory and regulatory role, over licensed electronic...

New survey by the Saudi Central Bank on updating collection controls for individual customers

The “Updating Collection Controls and Procedures for Individual Customers” project seeks to improve and organize the mechanism for collecting customer debts and communicating with them in this regard. The Saudi Central Bank has "Sama" By proposing a project Update on...

Saudi Central Bank enhances governance and transparency in Islamic banks

The Saudi Central Bank has issued additional capital adequacy requirements for Sharia-compliant banking services. The agency reported: Fitch “For credit rating, the rules for Islamic finance issued by Saudi Central Bank(SAMA) during the period from 2020 to the first half...

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 achieves the highest levels of financial supervision among G20 countries

The Governor of the Saudi Central Bank (SAMA) reveals the Kingdom's intensive efforts to combat financial crimes and corruption, by adopting comprehensive preventive measures aimed at confronting these phenomena and activities related to them. The Kingdom of Saudi Arabia announced...

The Saudi Central Bank allows individuals to verify their bank accounts

The “View My Bank Accounts” service will contribute to enhancing reliability and reducing the risks of suspicious transactions and identity theft. Release Central Bank of Saudi Arabia (SAMA)“Today’s service” Review my bank accounts“ For individual customers of local banks. The new...

Expats remittances from Saudi Arabia decreased

RIYADH: The Saudi Central Bank (SAMA) stated in a report released yesterday that the remittances from Saudi Arabia to the country of expatriates were the lowest in five years in February this year. Saudi expatriate remittances fell by 10.41...

Saudi Central Bank: An increase in the share of electronic payments for individuals

The increase in electronic transactions comes as a result of the significant growth in payment systems in the Kingdom during the year 2023, as the number of non-cash transactions carried out reached about 10.8 billion. Announce Central Bank of Saudi...

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Abu Dhabi Police announce military job vacancies for Emiratis

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Dubai: Are tenants allowed to make temporary changes in rental property?

Question: I'm renting a two-bedroom apartment in Dubai, and my two children currently share one of the rooms, I would like to divide their...