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النسخة العربية
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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
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Reuters-Al Majalla
Politics

Six factors shaping Trump’s calculus on Iran

27 January 2026

From a US military build-up in the region to Trump's growing unpopularity at home, several factors could influence his decision on whether or not to attack

Brian Katulis
A salesman displays gold chains, at Jos Alukkas jewellery store in Bengaluru on 17 September 2025. Idrees MOHAMMED / AFP
Business & Economy

Gold hits record high of $5,100 as traders seek safety

27 January 2026

Investors' flight into precious metals is symptomatic of the economic upheaval and uncertainty being causes by US President Donald Trump and his trade wars

Mohamed Sharki
Al Majalla
Politics

'Gaza has broken every record of modern warfare'

23 January 2026

Former Médecins Sans Frontières president Rony Brauman explains to Al Majalla how Israel's war on Gaza has produced unprecedented suffering and exposed the collapse of international law

Elie Kossaifi
Opinion

Four miscalculations by the SDF

26 January 2026

Recent events do not mean the end of the SDF as a local actor, but rather the end of a political chapter built on outdated assumptions. The next chapter will be more fluid and unpredictable.

Ibrahim Hamidi
Lebanese pop star Haifa Wehbe performs during the Batroun International Festival in the coastal city of Batroun, north of Beirut. ANWAR AMRO / AFP
Culture & Social Affairs

Lebanon finds an anthem out of the reach of drones

26 January 2026

The economy is a mess and the politics are askew but the Lebanese are once again learning how to celebrate, these days to the tune of Badna Nrou, meaning 'We need to calm down'

Samer Abou Hawwach

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OPINIONS

The end of the SDF's anti-IS role leaves it vulnerable

Haid Haid
Haid Haid

America’s Western allies hedge their bets

Christopher Phillips
Christopher Phillips

Cutting waste: Saudi Arabia paves the path toward circularity

Faisal Faeq
Faisal Faeq

Attacking Iran could undermine regime change efforts

Con Coughlin
Con Coughlin
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