Saudi budget deficit hits 2.3% of GDP in ’25
The Saudi Ministry of Finance has released the Budget Statement for Fiscal Year 2025, projecting total expenditures…
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Saudi Central Bank (SAMA)
S. Arabia’s bank credit reaches record SAR2.82t
Saudi Arabia's bank credit hit a record high of SAR2.82 trillion by the end of August 2024, according to the Saudi…
Saudi c. Bank, Samsung collaborate to launch Samsung Pay in KSA
Saudi Central Bank (SAMA) and Samsung signed an agreement to enable the launch of Samsung Pay in Saudi Arabia…
Saudi Arabia’s foreign reserves plunge by $16 bln in July
Saudi Arabia’s foreign reserves dropped by more than $16 billion in July, the biggest drop since the onset of the…
