

Last Date for Encashment of Withdrawn Prize Bonds Extended
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs 7500, 15,000,…

SAMA Announces Opening Registration for Its Investment Immersion Program
The Saudi Central Bank (SAMA) has opened registration for its third edition of the Investment Immersion Program; an apprenticeship program…

AI Means Everyone Can Now be a Programmer, Nvidia Chief Says
Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the…

SAMA Permits 2 BNPL Companies
The Saudi Central Bank (SAMA) on May 30, 2023 granted ‘Spotii’ and ‘Madfu’ permits to carry out Buy Now Pay…

CBUAE Issues New Guidance for Licensed Financial Institutions on Anti-Money Laundering and Combatting the Financing of Terrorism
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of…

SAMA Permits 3 New FinTech Innovators to Operate Under its Regulatory Sandbox
The Saudi Central Bank (SAMA) is granting permits to three innovators to test their Open Banking solutions in the Regulatory…

US Debt Ceiling Bill Passes House with Broad Bipartisan Support
A divided US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on May 31, 2023,…

Last Date for Encashment of Withdrawn Prize Bonds Extended
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs 7500, 15,000,…

Governor SBP Stresses for the Need of Stakeholders Collaboration for Bringing Standardization of Islamic Financial Contracts
Governor State Bank of Pakistan (SBP) Mr Jameel Ahmad said on May 29, 2023 while addressing the Inaugural International Conference…

SBP Releases Third Quarterly Review of Payment Systems
The State Bank of Pakistan released its third quarterly review of Payment Systems for the Fiscal Year 2022-23 on May…