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Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals

Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals

  • Surge largely attributed to the robust growth of the Saudi economy, driven by Vision 2030 projects
By Dayan Abou Tine ·
Saudi Arabia takes steps to strengthen personal data protection

Saudi Arabia takes steps to strengthen personal data protection

By Nour El-Shaeri ·
SAMA permits full public launch of STC Bank in digitalization push

SAMA permits full public launch of STC Bank in digitalization push

By Nirmal Narayanan ·
Saudi weekly PoS transactions rise 17.2% across all sectors to reach $3.6bn graphic

Saudi weekly PoS transactions rise 17.2% across all sectors to reach $3.6bn

By Nour El-Shaeri   ·
SAMA grants licenses to 2 new fintech firms

SAMA grants licenses to 2 new fintech firms

By Reem Walid ·
Saudi Arabia’s food & beverage sales drive $3.14bn in consumer spending graphic

Saudi Arabia’s food & beverage sales drive $3.14bn in consumer spending

By Nour El-Shaeri   ·
Saudi POS spending reaches $3.78bn, driven by surge in utilities and jewelry graphic

Saudi POS spending reaches $3.78bn, driven by surge in utilities and jewelry

By MIGUEL HADCHITY  ·
Saudi Arabia’s real estate loans hit $226bn, fueled by retail and corporate demand 

Saudi Arabia’s real estate loans hit $226bn, fueled by retail and corporate demand 

By Dayan Abou Tine  ·
Saudi banks post 3.7% loan growth in Q3 amid rising credit demand: report

Saudi banks post 3.7% loan growth in Q3 amid rising credit demand: report

By  Nadin Hassan  ·
Saudi Arabia pledges support in combating global financial crimes

Saudi Arabia pledges support in combating global financial crimes

By Nour El-Shaeri ·
Saudi hotel spending rises 2.4% amid broader POS decline: SAMA graphic

Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

By MIGUEL HADCHITY  ·
Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report

Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report

By Dayan Abou Tine ·
Arab countries urged to adopt decisive policies amid economic challenges

Arab countries urged to adopt decisive policies amid economic challenges

By Nadin Hassan ·

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Prince Khalid bin Salman (L) and Pete Hegseth. (AFP file photo)

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