A aspect of the cupboard assembly
Throughout its session right this moment, Tuesday in Riyadh, headed by Crown Prince Mohammed bin Salman, the Council of Ministers permitted that the Minister of Finance issued a license for the “Izi Financial institution” financial institution.
The Council of Ministers additionally agreed – based on the Saudi Press Company – that the Tourism Improvement Fund joined an affiliated member to the World Tourism Group.
The Council of Ministers appreciated the election of the Kingdom of Saudi Arabia as a member of the Council of the Worldwide Atomic Vitality Company, which confirms the arrogance of the worldwide neighborhood in its lively and constructive position and its steady endeavor to boost joint cooperation on this area; To serve international peace and peace.
The Council promised to elect the Kingdom of Saudi Arabia as a member of the Worldwide Civil Aviation Group Council “ICAO” after acquiring 175 votes out of 184 votes extremely from the member states of the Kingdom’s pioneering position, contributions and initiatives on this sector.
It’s noteworthy that Simple Financial institution was established in partnership between the Ajlan Group and his brothers Holding and Qatar Nationwide Financial institution QNB, and is lively within the digital banking companies sector.
In response to knowledge NumbersThe Saudi Central Financial institution, “Sama”, introduced this month that it was not reluctant to begin the Imaginative and prescient Financial institution of Digital Banking operations within the Kingdom, after the financial institution obtained the approval of the Council of Ministers, in June 2021, the Minister of Finance issued the required license for the financial institution.
The full variety of licensed banks in Saudi Arabia reached 38 banks, together with 14 native banks, together with 3 digital banks, and 24 branches of a overseas financial institution.
