Saudi Central Bank to launch 24/7 payments systems on Sunday - Arab News

by arabnews 02/20/2021

The Saudi Central Bank (SAMA) announced it will launch the instant payments system on Sunday, Feb. 21, after a successful trial phase with several Saudi participating banks. The 24/7 electronic payment system allows financial institutions, companies, and individuals to transfer money instantly. The move was part of a wider campaign to make Saudi Arabia a leading center for


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BRUSSELS: EU foreign ministers are expected to give the go-ahead Monday to sanctions on Russia over the jailing of Kremlin critic Alexei Navalny and a crackdown on protests. The top diplomats from the 27-nation bloc meet in Brussels for talks that will also include a wide-ranging videoconference with new US Secretary of State Antony Blinken. The move to target the Kremlin

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