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3 Jun 2026

The Saudi Central Bank has emphasized the need for verified appraisal reports when assessing leased vehicles involved in accidents and classified as total economic losses. The requirement applies to evaluations conducted by firms licensed through the Saudi Authority for Accredited Valuers. Officials say the measure is aimed at strengthening transparency, improving financial oversight and ensuring

Post by Abdurrahman

5 likes4 comments#finance #saudiarabia #sama #insurance #automo

2 Jun 2026

The Saudi Central Bank has introduced new regulations requiring financing companies and licensed financial service providers to notify authorities at least five working days before launching any investment round. Organizations must disclose key details including timelines, objectives, investment value and potential effects on ownership structures. Officials say the measure will strengthen transpar

Post by Abdurrahman

4 likes4 comments#finance #investment #saudiarabia #sama #e

5 May 2026

Consumer spending in Saudi Arabia rose by 1% in March 2026, reaching SR150.1 billion compared to SR148 billion a year earlier, according to SAMA data. Point-of-sale transactions also increased, totaling SR66.1 billion across nearly 997 million transactions via 2.4 million devices, reflecting steady economic activity. #SaudiEconomy #Spending #SAMA #Business #Retail #Economy #Growth

Post by Abdurrahman

3 likes3 comments#sama #retail #saudieconomy #economy #spending

4 May 2026

Saudi Arabia’s central bank reported a rise in reserve assets to SR1.86 trillion in March 2026, marking the highest level since 2020. The increase reflects strong financial stability, with assets growing both annually and monthly, highlighting resilience in the Kingdom’s economic performance. #SaudiArabia #Economy #Finance #SAMA #Reserves #Growth #Banking #EconomicStability

Post by Abdurrahman

3 likes3 comments#sama #economy #reserves #finance #saudiarabia

13 Apr 2026

Expat remittances from Saudi Arabia declined by 2% year-on-year in February 2026, reaching SR12.55 billion — the lowest level in 15 months, according to SAMA data. Monthly figures also dropped by 6% compared to January. Meanwhile, remittances by Saudis abroad fell sharply by 22% to SR4.86 billion, reflecting shifting financial flows and economic adjustments across the Kingdom. #SaudiArabia #Remitt

Post by Abdurrahman

4 likes4 comments#finance #sama #remittances #saudiarabia #gulfeconomy

13 Apr 2026

Saudi Arabia’s digital payments surge continues, with electronic transactions accounting for 85% of total retail payments in 2025, up from 79% in 2024, according to SAMA. Total transactions reached 14.6 billion, driven by strong growth in Mada, POS, and e-commerce payments. The milestone highlights the Kingdom’s rapid shift toward a cashless economy and ongoing efforts to strengthen its financial

Post by Abdurrahman

4 likes4 comments#sama #ecommerce #saudiarabia #economy #cashless