Riyadh, The Saudi Central Bank (SAMA) announced the licensing of Raqamyah, a new finance-technology (FinTech) company specialized in debt-based crowdfunding. The license was granted to the company after successful testing of its solutions in SAMA’s Reg…
Riyadh, Saudi Venture Capital Company (SVC), a subsidiary of the Small and Medium Enterprises Bank (SME) , one of the development banks affiliated with the National Development Fund, released today its recent Impact Report, which revealed SVC’s contrib…
Riyadh, Under the patronage of Saudi Central Bank (SAMA) Governor Fahad Almubarak, the 2nd Annual Central Bank Conference on Development Economics in the Middle East and North Africa (MENA) was inaugurated in Riyadh, Saudi Arabia today. The inauguratio…
Jeddah, Organization of Islamic Cooperation (OIC) Secretary General Hissein Brahim Taha has received here Venezuela’s ambassador to the Kingdom of Saudi Arabia, David Velasquez Caraballo.During the meeting, both sides exchanged views on various issues …
Riyadh, The Saudi Central Bank (SAMA) announced the formal adoption of International Financial Reporting Standard-IFRS 17 Insurance Contracts and International Financial Reporting Standard-IFRS 9 Financial Instruments by the Saudi insurance sector. Imp…
Riyadh, Diriyah Company has recently signed a joint-venture agreement with Integrated Telecom Company LLC (Salam) and Telecommunications Towers Company Ltd. (TAWAL) to provide telecommunications services to the first phase of the Diriyah project, inclu…