Tag: SAMA

SAMA 2024 Report Affirms Resilience of Saudi Financial System

The Saudi Central Bank (SAMA) issued its Financial Stability Report 2024, highlighting national and global trends and significant developments in the Saudi financial system,...

SAMA Announces Issuance of Second Release of Open Banking Framework

The Saudi Central Bank (SAMA), as per a press release, has announced the issuance of the second release under the Open Banking Framework, focused...

SAMA Permits New FinTech Companies to Launch Open Banking and Peer-to-Peer Lending Platforms

The Saudi Central Bank (SAMA), as per a press release, permitted three new FinTech startups to test their innovative solutions in SAMA's regulatory sandbox....

SAMA Seeks Public Consultation on Drafts of ‘Internal Audit Principles’ and ‘Compliance Principles’ for Finance Companies

The Saudi Central Bank (SAMA) said in a press release that it seeks public consultation on the drafts of "Internal Audit Principles" and "Compliance...

SAMA: E-Payments Share Reached 70% of Total Payments in 2023

The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments -one of the Financial Sector Development Program’s KPIs- reached 70%...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...