Riyadh - Sharikat Mubasher: The Saudi Central Bank (SAMA) licensed Alpha Arabia Finance Company to provide financing activity to small and medium-sized enterprises (SMEs), finance leases, and consumer finance.

In a statement, SAMA revealed that the total number of licensed finance firms reached 60.

Licensing Alpha Arabia Finance Company underscores SAMA’s efforts to enhance the financial sector and scale the efficiency of financial transactions in the Kingdom.