Fahad Almubarak. – BOL News Staging

Tue, 21-Oct-2025

November 30, 2021 by Muhammad Zubair

RIYADH: Saudi Arabia issued licenses to 16 fintech companies in the third quarter of 2021, Sabq quoted Saudi Central Bank governor, as saying at an event. Fahad Almubarak said 13 of those companies work in the field of payments and electronic wallets, and three firms are engaged in insurance and finance sector. Saudi Arabia witnessed a 37 … Read more

Saudi financial sector well placed to overcome Covid-19 crisis

November 27, 2021 by Muhammad Zubair

RIYADH: No Saudi banks were lost during the financial crisis of 2008/9 and the financial sector is again in a strong position as it faces the economic fallout from the Covid-19 pandemic, according to Saudi Central Bank Governor Fahad Almubarak. The central bank, also known as SAMA, has been and continues to be strict in … Read more

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