Saudi banks’ combined net profit was SR80bn ($21.3bn) in 2024, up from SR70bn ($18.7bn) in 2023, with the sector average ...

Saudi banks are set for a stronger start to 2025, with their asset-quality metrics expected to “remain strong” throughout the ...

The Saudi Central Bank (SAMA) has decided to ban the use of instant messaging applications such as WhatsApp by the local banks for their communications with customers. SAMA noted that these ...

Cumulative bank earnings before zakat and taxes reached SAR 8.14 billion ($2.2 billion) at the end of January 2025, rising by ...

RIYADH - The total bank credit granted to the public and private sectors in Saudi Arabia reached its highest level at SAR3,005,946 million by the end of January 2025, according to the monthly ...

Central Bank calls for secure alternatives such as in-app Live Chat or ChatBot services Dubai: The Saudi Central Bank (SAMA) has prohibited local banks from using instant messaging applications ...

Saudi banks’ investments in treasury bonds increased by about SAR 7.1 billion year-on-year (YoY) to SAR 599 billion in ...

The Saudi Central Bank (SAMA) has issued a directive prohibiting local banks from using instant messaging applications such ...

Saudi Arabia is planning to open its second U.S. investment office in Miami, following its first in Washington, D.C.

DUBAI (Reuters) - Saudi Arabia's non-oil private sector continued its robust expansion in February, driven by strong customer ...

The total bank credit granted to the public and private sectors in Saudi Arabia reached its highest level at SAR3,005,946 million by the end of January 2025, according to the monthly statistical ...