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RIYADH, March 26, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s central bank on Thursday licensed two companies to provide payment services and offer account information services as part of the Kingdom’s open banking push. The Saudi Central Bank, known as SAMA, granted the licences to New Technology for Software Solutions and Lean Technologies Saudi Arabia for Information Systems Technology. The approvals came after the two companies completed the trial period within the

Riyadh, March 26, 2026 (Saudi Arabia Breaking News) –Saudi Arabia’s reserve assets posted steady annual and quarterly growth at the end of 2025, with foreign securities and overseas deposits continuing to account for the largest share of the central bank’s holdings. Saudi Arabia’s central bank reserve assets rose to around SAR 1.73 trillion at the end of 2025, marking a 5.3% increase from a year earlier, according to December data from the Saudi Central Bank’s monthly statis

Riyadh, September 29 (Saudi Arabia Breaking News) – The Saudi Central Bank (SAMA) announced on Monday its approval of the use of a...

Riyadh, September 15, 2025 (Saudi Arabia Breaking News) – Saudi Arabia’s domestic money supply recorded significant annual growth by the...