Tag "Saudi Arabian Monetary Authority"
Saudi Arabia Permits New Fintech Companies to Operate in Regulatory Sandbox
The Saudi Arabian Monetary Authority (SAMA) announced that it has Permitted 9 FinTech Companies as a new batch to operate in the Regulatory Sandbox. These companies have, therefore joined the list of companies permitted in the two previous cohorts, bringingRead More
Saudi Arabia Drafts Regulation For The Provision Of Payment Services
The Saudi Arabian Monetary Authority “SAMA” announces the launch of a Draft Regulation governing the Provision of Payment Services in the Kingdom, inviting the public and those interested – in furtherance of the principle of transparency and participation – toRead More
“Aber” Project, The Common Digital Currency Between SAMA and UAECB
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project ” Aber” is for use in financial settlements between theRead More