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Established by Saudi Central Bank (SAMA), it connects all ATM and point of-sale (PoS) terminals throughout the country to a central payment switch, which in turn re-routes the financial transactions to the card issuer (local bank, Visa, American Express or MasterCard). All banks in Saudi Arabia are required by the Saudi Central Bank (SAMA) to ...
This is a list of internet service providers in Saudi Arabia. Internet in Saudi Arabia is provided by several service providers: the Saudi Telecom, the CITC, ...
The company behind Virgin Mobile Saudi Arabia was formally called the Virgin Mobile Saudi Consortium [2] — a Saudi Arabian company that brings together local, regional and global shareholders and experts in mobile telecommunications. The company is headquartered in Riyadh and has outlets across the kingdom and a member care centre in Jeddah. [3]
Integrated Telecom Company (Arabic: شركة الاتصالات المتكاملة), currently known by its trade name Salam (Arabic: شركة سلام), is a telecom provider established in 2005 offering broadband, interconnection and Satellite services for businesses, consumers and wholesale segments of the Saudi market.
On October 20, 2010, the US State Department notified Congress of its intention to make the biggest arms sale in American history—an estimated $60.5 billion purchase by Saudi Arabia, trumping the former US-Saudi AWACS sale. The package represents a considerable improvement in the offensive capability of the Saudi armed forces.
The Saudi Parallel Market (Nomu) (Arabic: السوق الموازية - نمو), is a parallel equity market in Saudi Arabia launched the Saudi Stock Exchange (Tadawul) on 26 February 2017 with lighter listing requirements. Nomu serves as an alternative platform for companies to be publicly listed.
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it takes up 4/5's or, 40/50 of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [15]
Foreign relations of Saudi Arabia are the diplomatic and trade relations between Saudi Arabia and other countries around the world. The foreign policy of Saudi Arabia is focused on co-operation with the oil-exporting Gulf States , the unity of the Arab World , Islamic solidarity , and support for the United Nations . [ 1 ]