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Saudi Arabia Takes Banking Industry Leap by Approving Digital Banks

Keeping up with aspirations for developing the Saudi finance sector, the Saudi Cabinet gave the Kingdom's finance minister the green light to issue licenses for the country's first digital banks. On Tuesday, in a virtual meeting chaired by King Salman, the Cabinet approved the finance minister issuing the necessary licenses…

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Click here to read the full story: Asharq Al-Awsat

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