Saudi SAMA orders ACIG to raise statutory deposit
This was attributed to the decline of the company’s solvency ratio
Mubasher - 2 days ago
Saudi Arabian Monetary Authority
Also known as: SAMA Last updated on: 01 February 2018
fast facts
Business SummaryCentral monetary authority supervising the banking and insurance sectors and the implementation of the law to help enhancing the stability of the currency.Country of IncorporationSaudi ArabiaOwnership TypeGovernmentEstablished In1952Primary SectorFinancial ServicesNumber of Employees2800Latest News
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Fintech Tour 19, the largest cluster of fintech events in the Middle East will take place between 1st December and 12th December 2019 across Saudi Arabia and the GCC
Fintech Tour 19 will take place between 1st December and 12th December 2019 focusing on the core themes of "Spreading Fintech Knowledge" and "Accelerating Fintech Entrepreneurship".
Press Release - 17-Nov-2019Saudi SAMA updates actuarial regulations for insurance sector
SAMA is also looking through these controls to protect policyholders and develop and regulate the performance of actuaries
Mubasher - 14-Nov-2019New Saudi Payments Company expected to enhance e-transactions
The approval for the new company came in line with SAMA’s strategy to transform Saudi Arabia into a cashless society
Arab News - 10-Nov-2019Saudi cabinet approves setting up a national payments company
Saudi Payments Company aims to increase financial inclusion and promote innovation
ZAWYA - 06-Nov-2019Contact details
Primary address
Saudi Arabian Monetary Authority BuildingKing Saud Bin Abdulaziz Street
Al Maazar Area
2992
Saudi Arabia
Riyadh
11169
Region
RiyadhCONTACT
- Tel: +966 11-463-3000
- Fax: +966 11-466-2966
- Fax: +966 11-466-2936
- Email: info@sama.gov.sa
- www.sama.gov.sa
Related links
www.saudi.gov.saFind Out More Information
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