Category: Industry

Saudi Stock Exchange Closes Lower Amid Market Volatility

Riyadh: The Saudi Stock Exchange main stock index closed lower today, losing 79.39 points to reach 11,158.54 points, with total transactions amounting to SAR3.5 billion and a traded volume of 192 million shares.

According to Saudi Press Agency, the …

SAMA Licenses Jil Aldaf Alajil Company to Engage in BNPL Activity

Riyadh: The Saudi Central Bank (SAMA) licensed Jil Aldaf Alajil Company to engage in buy-now-pay-later activity, bringing the total number of finance companies licensed by SAMA to 78.

According to Saudi Press Agency, the decision reflects SAMA’s end…