Saudi Arabia’s Central Bank has taken steps to ensure that individual customer accounts are protected from unauthorized deductions by financing institutions. According to updated draft regulations, no ...

Saudi newspaper Okaz, citing updated draft regulations drawn up by the central bank, reported that such deductions are also prohibited if the financing contract does not include any stipulation ...

The draft aims to improve and organize the mechanism for collecting customer debt and facilitate communication with customers ...

National Bank of Kuwait (NBK) is proud to announce the signing of several landmark agreements on the sidelines of the ...

"The potential that was sitting there waiting to be cultivated is evaporating with all these conflicts and this level of uncertainty," said Jasser, a former Saudi central bank governor. Last year ...

Four-party collaboration will result in the region’s first-of-its-kind AI-driven credit assessment model in the kingdom, ...

Global business, technology and financial leaders converged on the Saudi capital for the annual Future Investment Initiative ...

China has picked Saudi Arabia as the venue for its first sale of US dollar sovereign bonds in three years, underlining its backing for the oil-rich kingdom’s bid to become an investment hub.

Hong Kong secured billions of dollars in financial commitment from Saudi Arabia after one of the city’s biggest business delegations to the kingdom sealed almost a dozen deals for start-ups and ...

There's growing interest for jurisdictions to conduct trade in their own currency, Financial Secretary Paul Chan said on ...

Mizuho Financial Group Inc. has formed a partnership with Saudi Arabian sovereign wealth fund Public Investment Fund, and ...

Saudi officials on Tuesday lamented the economic toll of regional conflict as the Gulf kingdom's sovereign wealth fund told ...