Saudi insurance sector records 2.3% growth amid the pandemic: SAMA
Despite facing the difficulties of the pandemic, the insurance sector continued to perform positively while maintaining the safety of its clients...
Tag : SAMA
Saudi central bank calls for M&A deals in the insurance sector
Mergers and acquisitions can make sector more competitive and strengthen its financial position...
Saudi Arabia considers introducing blockchain business passports
It will help the kingdom boost trade finance and cross-border trade...
Saudi Payments partners with Japan’s JCB to enable the JCB payment
The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals...
What the pandemic means for Saudi banks
by WebAdmin
SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges...
Saudi Arabia uses blockchain to transfer funds into local banks
The move was a part of the Saudi central bank’s plan to explore latest technological innovation...
Saudi epayments account for over 36% of all payments now
SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada...