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KSA, Kuwait and Bahrain to exchange credit data

12 Jan 2014

Saudi Arabia, Kuwait and Bahrain have expressed willingness to set up a joint credit information center, local media said quoting informed

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Shamed for writing bad check

19 Sep 2013

​A Saudi national was publicly chastised by the Ministry of Commerce and Industry in a local newspaper for writing a check that bounced.

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Small loan firms face closure after Nov. 4

05 Sep 2013

Many small- and medium-sized finance and loan firms are likely to disappear from the market after the grace period to rectify their status ends on...

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Huge opportunities in KSA leasing market

11 Jul 2013

Saudi Arabia, the largest economy in the GCC, has been attracting international investors like a “strong magnet,” says David Hunt, who has been appointed as...

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SIMAH sees credit culture growth

07 Jun 2013

Credit is vastly becoming a vital part of Saudi lifestyle and this phenomenon is expected to grow, with the introduction of a credit database that...

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