Saudi Arabia and Qatar have announced that they will settle Syria’s debt to the World Bank totalling roughly $15m, according ...

Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank’s financial results for the period ending 31 March, 2025.For the first three months of 2025, ...

Saudi Arabia and Qatar pledged to pay Syria’s debt to the World Bank, removing one obstacle for the country’s new leadership ...

According to the Saudi Central Bank, total liquidity (broad money supply, M3) exceeded SR3 trillion (SR3,033,684 million), up from SR2,756,193 million during the same period in 2024. This robust ...

Saudi Arabia uses digital technology for 79 per cent of retail payments The Saudi Central Bank (SAMA) announced that electronic payments accounted for 79 per cent of total retail payments in 2024, up ...

Bank Albilad’s board of directors approved the appointment of Nasser Al-Subaie, a non-executive member, as Chairman, and ...

As preparations for the 2025 Hajj exercise gain momentum, the Independent Hajj Reporters (IHR), a faith-based civil society organisation, has called on State ...

Officials from the International Monetary Fund, World Bank and key countries underscored the need for credible economic data ...

data from the Saudi Central Bank (SAMA) showed. Government bonds made up 74% of banks' total claims on the public and quasi-public sectors in Saudi Arabia, amounting to SAR 821 billion by the end of ...

The release said that this surge was fueled by a 13.8% increase in inbound visitor spending compared to 2023, reaching an estimated SAR153.6 billion in 2024, based on preliminary balance of payments ...