Saudi c. bank cuts key interest rates
Saudi Arabia's Central Bank reduced its Repurchase Agreement (Repo) rate by 25 basis points to 5.00 per cent and…
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SAMA
Saudi’s SAMA licenses Themar crowdfunding company
The Saudi Central Bank (SAMA) gave a license on Wednesday to the new debt-based crowdfunding company, Themar.
UAE’s Orient Insurance gets regulatory approval to open Saudi branches
UAE’s Orient Insurance, part of Al Futtaim Group, said on Monday it obtained an approval from the Saudi Arabian…
Cryptocurrencies ‘not mature enough’ to assess impact; says Saudi regulator
Cryptocurrencies are "not mature enough" yet to assess the impact they could have on regulation and the economy, a…
Saudi Insurance Market Poised to Grow By 23% in 2015
Saudi insurance market is poised to grow more than 23 percent in the current year on the back of new government…
Saudi Banks’ Net Profits Up Strongly In 7 Months
Saudi banks netted more than SR21 billion in the first seven months of 2012 as lending continued to gain momentum…
KSA’s Net foreign Assets Reach $600bln
Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…
Saudi Arabian Regulator investigates Banks For Violations
The Saudi Arabian Monetary Agency (SAMA) is investigating local banks for tampering with the terms of Saudis’…
