Browsing: Financial

Riyadh, April 16, 2026, SPA — The Saudi Central Bank (SAMA) licensed “Modern Integrated Solutions Financing” company to engage in buy-now-pay-later activity, bringing the total number of finance companies licensed by SAMA to 71 companies. This decision reflects SAMA’s endeavor to support the finance sector, enhance the efficiency of financial transactions, and promote innovative solutions for financial inclusion in Saudi Arabia. SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA’s website.

Riyadh, November 21, 2025, SPA — The Saudi Central Bank (SAMA), in cooperation with the Bank for International Settlements (BIS), concluded yesterday the Innovation Summit in Riyadh, which was held with the participation of SAMA Governor Ayman Al-Sayari and BIS General Manager Pablo Hernández de Cos, alongside several central bank governors and experts from the region and around the world. The two-day summit brought together experts and policymakers to discuss the opportunities and challenges posed by technological innovation in the financial sector, as well as the role of central banks from the Middle East and Africa in facilitating

Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth The post 25 years and counting: ADX achieves key milestones appeared first on Gulf Business.