Spotlight

Riyali Financial Literacy Program (SEDCO Holding Group) and Souqalmal.com launched a survey to find out how much are Saudi residents saving of their income. Read More

Read more about Meem Murabaha Deposit features which is provided by GIB Read More

The recently announced National Transformation Plan (NTP) is part of the wider Vision 2030 strategy that was approved in April. Read More

Meem is the retail banking arm of GIB. Co-created with over 30,000 social media fans, Meem’s aim is to simplify the retail banking sector, providing its customers with a quick, dynamic and unique retail banking experience. Read More

The Saudi Vision 2030 outlines the government’s medium term goals and how it aims to achieve them. The overriding theme of the document is one of diversifying the economy away from oil in order to create jobs and improve the living standards in a sustainable way. Read More

Startups however is the new wave of hope for the growing population of talented men and women around the world. Read More

Saudi Arabian interest rates to rise after the US central bank’s decision For the first time since 2006, the US Federal Reserve made a decision to raise interest rates. Since the Saudi Kingdom’s currency, the riyal, is linked to the dollar, the Saudi Arabian Monetary Agency decided to raise... Read More

A noticeable practice is expanding its fan base in Saudi Arabia is online banking which is growing day by day also across the whole world. Read More

The Saudi Arabian Monetary Agency (SAMA) requested a complete Revamp of all Debit cards issued in KSA starting from January 01, 2015. The introduction of the MADA payment interface is designed to act as the preferred payments solution for the upcoming years in Saudi Arabia. All banks are required... Read More