Saudi Central Bank releases bank holiday schedule through 2029 | World News

[ad_1] Saudi Central Bank (SAMA) publishes the official bank holiday / Image: file In a significant move to boost market transparency, the Saudi Central Bank (SAMA) has officially released a comprehensive holiday schedule for all financial institutions in the Kingdom, stretching from 2026 through 2029. This long-term roadmap isn’t just a calendar; it’s a strategic […]

8th Pay Commission May Boost Salaries for Central Govt Employees

[ad_1] The central government employees are eagerly awaiting the implementation of the 8th Pay Commission recommendations, which are expected to bring a significant salary hike. Before the official announcement, various estimates are being made about the possible increase, with the fitment factor playing a crucial role in the calculations. Looking at past trends, the 6th […]

Saudi Central Bank slashes banking and payment fees: Here’s all you need to know | World News

[ad_1] SAMA’s new fees guide reduces banking, Mada card, financing, check, transfer, and document fees nationwide/Image: X Saudi Arabia has taken a major step to make banking more affordable and transparent. The Saudi Central Bank, known as SAMA, has unveiled a comprehensive new fees guide for financial institutions. The updated framework slashes customer fees, caps […]

UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026 | World News

[ad_1] Central Bank rate cut brings relief for UAE borrowers / Image: File The Central Bank of the UAE lowered its base rate for the Overnight Deposit Facility (ODF) by 0.25 percentage points, from 3.90% to 3.65%, following a similar move by the US Federal Reserve. The cut takes effect immediately and is described by […]

UAE Central Bank clarifies loan eligibility: New Nafis rules explained for loan seekers | World News

[ad_1] UAE clarifies Nafis rules affecting bank loan eligibility / Image: @centralbankuae The Central Bank of the UAE has formally clarified that Nafis payments and incentives are time-limited, conditional and cannot be relied upon as guaranteed income when assessing loan eligibility, though banks may consider them on a strict case-by-case basis under clear rules. UAE: […]

Central Bank of Oman unveils new currency symbol for Omani Rial | World News

[ad_1] The Central Bank of Oman unveiled a new Omani Rial symbol, boosting global recognition and credibility/Image: X The Central Bank of Oman (CBO) has unveiled an official symbol for the Omani Rial, a move that strengthens the currency’s identity and signals Oman’s growing stature in global finance. The symbol is designed to unify the […]

UAE President appoints four new Assistant Governors at Central Bank | World News

[ad_1] UAE President Sheikh Mohamed bin Zayed appointed four experienced leaders as Assistant Governors at CBUAE/Image: CBUAE In a significant move aimed at strengthening the leadership of the UAE’s financial sector, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a federal decree appointing four new Assistant Governors at the Central Bank of […]

Jack Leach Extends Somerset Deal After ECB Central Contract Exit | Udaipur Kiran

[ad_1] London, November 4 (Udaipur Kiran) — England spinner Jack Leach has signed a new contract with his county side Somerset after confirming that the England and Wales Cricket Board (ECB) has released him from its central contract list. Leach, who has represented England in 39 Test matches, last played international cricket during the tour […]

UAE Central Bank cuts interest rate to 3.90%; lowest since 2022, consumers to see cheaper loans and mortgages | World News

[ad_1] The UAE Central Bank has cut interest rates twice in two months, bringing the base rate down to 3.90%, the lowest since 2022/ Image: File The Central Bank of the UAE (CBUAE) has reduced the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15% to 3.90%, effective Thursday, […]

Syria’s Central Bank to release six new banknotes that will have no symbols or pictures | World News

[ad_1] Syria’s new banknotes remove all imagery to promote political neutrality, simplify authentication, and reflect a modern, stable national identity/ Representative Image Syria is set to introduce a new series of banknotes that will feature no images, portraits, or national symbols. The redesign is part of a broader effort by the Central Bank to improve […]