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  • Saudi Central Bank

Banks charge fees if customers belonging to different banks transfer money to each other. E-wallets charge nothing for money transfers.

Who are the Fierce Competitors of Saudi Banks?

The Saudi banking sector is facing new competitors. The competition is coming from fintech (financial technology) and financing firms that are taking a slice of the banking business. The accelerating…

Motasem Al Felou 25 February 2022
Saudi Central Bank Governor Fahad al-Mubarak speaks during a news conference in Riyadh March 3, 2013. REUTERS/Faisal Al Nasser/File Photo

Digital Banks: The Next Big Thing in Saudi Banking Sector

With the announcement of Fahad Al Mubarak, Governor of the Saudi Central Bank, about the Kingdom’s intention to license more digital banks, the Saudi banking community should be ready for the…

Motasem Al Felou 05 December 2021
  • Popular
  • Editor's Pick
Mark Smith
Politics

Mojtaba Khamenei: Iran’s third Supreme Leader

12 March 2026

The appointment represents one of the most consequential political shifts in the Islamic Republic in more than three decades

Al Majalla - London
IRGC soldiers march during the annual military parade marking the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein's Iraq, in the capital Tehran on 22 September, 2018. AFP
Politics

The US-Iran war could empower the IRGC

09 March 2026

When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response

Alex Vatanka
Demonstrators wave Iranian national flags as they gather for a rally in support of the new Supreme Leader at Enghelab Square in central Tehran on 9 March 2026. AFP
Politics

Why regime change in Iran is unlikely

10 March 2026

There are few examples of successful US regime-change operations in history. And without permanent ground troop presence, these wins can easily be reversed.

Christopher Phillips
Tugboats help an oil tanker dock at Qingdao port in Shandong province, eastern China, on 4 August 2019. AFP
Business & Economy

The US-Iran war could consolidate China’s energy dominance

10 March 2026

Crises often reorder energy geopolitics in unexpected ways. This one may ultimately strengthen, rather than weaken, China's strategic position.

Jason Bordoff and Erica Downs
Iran's President Masoud Pezeshkian is greeted by Egypt's President Abdel Fattah el-Sisi during the D-8 summit in Cairo, Egypt, on 19 December 2024. AFP
Politics

Egypt fears an unrestrained Israel if Iran collapses

06 March 2026

Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.

Amr Emam

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OPINIONS

Trump's positive war spin falls on deaf ears

Con Coughlin
Con Coughlin

Seasons of light: Ramadan through ancient travellers' eyes

Yasmin Abdallah
Yasmin Abdallah

US-Iran war shakes Gulf markets

Amer Ziab Al-Tamimi
Amer Ziab Al-Tamimi

Mission creep: Trump's goal in Iran remains unclear

Ramzy Ezzeldin Ramzy
Ramzy Ezzeldin Ramzy
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