Saeed al-Abyad

Saeed al-Abyad
Business The AMF sees financial inclusion a key policy objective to stimulate socio-economic wellbeing, equality, and shared prosperity, as well as to strengthen financial stability. (Asharq Al-Awsat)

Efforts to Reach a Unified Measurement Standard for Financial Inclusion in Arab Countries

Director-General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF) Abdul Rahman Al-Hamidy revealed efforts aimed at reaching a unified…

Saeed al-Abyad (Jeddah)
Business Governors of Arab banks meet at a roundtable meeting on Central Bank Digital Currencies (CBDC) in Jeddah, Saudi Arabia. (Asharq Al-Awsat)

Governors of Arab Banks Discuss Cross-Border Payments

Merits of using digital currencies in cross-border payments, specifically inter-Arab payments, were discussed on Monday by governors of Arab banks at a…

Saeed al-Abyad (Jeddah)
Business The meeting of the governors of Arab central banks and monetary institutions kicked off in Jeddah on Sunday. (Photo: Ghazi Mahdi)

Arab Banks Maintain Capital Adequacy at Minimum Levels

Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the…

Saeed al-Abyad (Jeddah)
Business Saudi Arabia discloses new regulations for tourist visas in the framework of achieving the objectives of developing the sector within Kingdom Vision 2030 (Asharq Al-Awsat)

Saudi Arabia Issues Regulations Governing Tourist Visas

Saudi Arabia’s new plan for regulating tourism visas, which includes 13 items, aligns with the Kingdom’s efforts to develop the tourism sector and the…

Saeed al-Abyad (Jeddah)
Business CEO of Saudi Geological Survey (SGS) Ahmed al-Shamrani (Asharq Al-Awsat)

Price Hike Doubles Value of Mineral Wealth in Saudi Arabia

The value of the Saudi mineral wealth, estimated several years ago at about SR5 trillion, has doubled with the increase in the price of minerals, especially…

Saeed al-Abyad (Jeddah)
Business The development of the aviation sector infrastructure has prompted an active movement of travel at Saudi airports (Photo Credit: Abdullah Al-Falih)

Saudi Companies Lead Aviation, Travel Sector Recovery in Region

Saudi aviation and travel industry companies are leading the way in terms of post-pandemic recovery. At the regional level, the companies…

Saeed al-Abyad (Jeddah)
Gulf Umrah pilgrims circumambulate the Kaaba at the end of the Hajj and the beginning of the Umrah season (AP)

Saudi Arabia Issues 900,000 Umrah Permits, Visas

Saudi Arabia’s Deputy Hajj Minister Abdulfattah Mashat has confirmed that there are no restrictions on the number of people allowed to perform Umrah from…

Saeed al-Abyad (Jeddah)
Gulf The Saudi Foreign Minister speaks at a press conference at the conclusion of the Jeddah Security and Development Summit (AFP)

Saudi FM: Our US Partnership is Continuous, No Military Cooperation with Israel

Saudi Foreign Minister Prince Faisal bin Farhan said that the Kingdom’s hand is extended to Iran to reach normal relations, pointing out that the talks with…

Saeed al-Abyad (Jeddah)