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Finance Minister Leads Saudi Delegation at 3rd G20, Central Bank Governors Meeting
Finance Minister Leads Saudi Delegation at 3rd G20, Central Bank Governors Meeting

Leaders

time18-07-2025

  • Business
  • Leaders

Finance Minister Leads Saudi Delegation at 3rd G20, Central Bank Governors Meeting

Minister of Finance Mohammed Aljadaan will lead Saudi Arabia's delegation at the 3rd G20 Finance Ministers and Central Bank Governors Meeting, held under South Africa's G20 Presidency. The meeting is scheduled to take place from July 17 to 18, 2025, in KwaZulu-Natal, South Africa. The event will bring together finance ministers and central bank governors from G20 member states, as well as representatives from invited nations and leaders of international and regional financial institutions. Joining the Saudi delegation are Ayman Al-Sayari, Governor of the Saudi Central Bank (SAMA), and other senior officials from the Ministry of Finance and SAMA. Discussions will focus on current global economic developments and key issues related to international financial stability. Related Topics : Saudi Finance Minister Leads Delegation at G20 FMCBG Meeting in South Africa Saudi Arabia Participates at G20 Trade and Investment Ministerial Meeting in Brazil 3.9 BILLION PEOPLE ARE USING THE INTERNET Eastern Region Waterfronts: Top Ramadan Spots Offering Serene Spiritual Experience Short link : Post Views: 8 Related Stories

Saudi Arabia unveils new riyal symbol to boost financial identity globally
Saudi Arabia unveils new riyal symbol to boost financial identity globally

Express Tribune

time21-02-2025

  • Business
  • Express Tribune

Saudi Arabia unveils new riyal symbol to boost financial identity globally

Saudi Arabia has officially launched a new symbol for its national currency, the riyal, marking a significant milestone in reinforcing the kingdom's financial identity. The newly designed riyal symbol, which reflects Saudi Arabia's rich cultural heritage, aims to make the currency more recognizable in local, regional, and international financial and commercial transactions. Inspired by Arabic calligraphy, the symbol includes the name of the national currency, 'Riyal,' and was designed to meet the highest technical standards. Photo: Saudi Central Bank SAMA Governor Ayman Al-Sayari praised the leadership of King Salman and Crown Prince Mohammed bin Salman for their vision in launching the currency symbol, which is expected to enhance Saudi Arabia's position within the global financial system, particularly among the world's largest economies and G20 members. The new symbol will be integrated into financial and commercial transactions, gradually making its appearance across various applications and official documents. The initiative was developed with input from key institutions, including the Ministry of Culture, the Ministry of Media, and the Saudi Standards, Metrology, and Quality Organization (SASO). Al-Sayari emphasized that the currency symbol is an essential step toward furthering Saudi Arabia's financial development, in line with the kingdom's Vision 2030. He also pointed out that the symbol will foster a sense of national pride and cultural affiliation while bolstering the confidence in the riyal as a stable and significant currency on the global stage. The decision to introduce the symbol underscores Saudi Arabia's growing influence in the global financial landscape and represents a modern step toward reinforcing its national identity, both at home and abroad. The initiative serves as a reflection of the country's commitment to economic growth, cultural heritage, and global integration. SAMA's announcement of the new riyal symbol is a key milestone in Saudi Arabia's broader financial development strategy as the kingdom continues its efforts to strengthen its position in the global economy.

King Salman approves official Saudi riyal symbol, reinforcing national financial identity
King Salman approves official Saudi riyal symbol, reinforcing national financial identity

Zawya

time20-02-2025

  • Business
  • Zawya

King Salman approves official Saudi riyal symbol, reinforcing national financial identity

RIYADH — The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has officially approved the Saudi riyal symbol, marking a milestone that strengthens the identity of the Kingdom's national currency. Governor of the Saudi Central Bank (SAMA), Ayman Al-Sayari, expressed his profound appreciation to King Salman and Crown Prince and Prime Minister Mohammed bin Salman for their leadership in launching the symbol. He emphasized that this decision will enhance Saudi Arabia's financial identity on local, regional, and international levels. Al-Sayari noted that the implementation of the riyal symbol will be introduced gradually across financial and commercial transactions in coordination with relevant entities. He highlighted that the initiative is designed to promote national identity, strengthen cultural belonging, and position the Saudi riyal prominently among major global currencies, particularly within the G20 economic framework. The Governor extended his gratitude to all entities that contributed to the development of the symbol, including the Ministry of Culture, the Ministry of Media, and the Saudi Standards, Metrology, and Quality Organization. Developed to the highest technical standards, the Saudi riyal symbol reflects the Kingdom's rich cultural heritage, featuring a design derived from Arabic calligraphy. The symbol is expected to streamline the representation of the Saudi riyal in financial and commercial transactions both domestically and internationally. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (

King Salman approves official Saudi riyal symbol
King Salman approves official Saudi riyal symbol

Saudi Gazette

time20-02-2025

  • Business
  • Saudi Gazette

King Salman approves official Saudi riyal symbol

Saudi Gazette report RIYADH — Custodian of the Two Holy Mosques King Salman bin Abdulaziz has officially approved the Saudi riyal symbol, marking a milestone that strengthens the identity of the Kingdom's national of the Saudi Central Bank (SAMA) Ayman Al-Sayari expressed his profound appreciation to King Salman and Crown Prince and Prime Minister Mohammed bin Salman for their leadership in launching the emphasized that this decision will enhance Saudi Arabia's financial identity on local, regional, and international noted that the implementation of the riyal symbol will be introduced gradually across financial and commercial transactions in coordination with relevant highlighted that the initiative is designed to promote national identity, strengthen cultural belonging, and position the Saudi riyal prominently among major global currencies, particularly within the G20 economic Governor extended his gratitude to all entities that contributed to the development of the symbol, including the Ministry of Culture, the Ministry of Media, and the Saudi Standards, Metrology, and Quality to the highest technical standards, the Saudi riyal symbol reflects the Kingdom's rich cultural heritage, featuring a design derived from Arabic calligraphy. The symbol is expected to streamline the representation of the Saudi riyal in financial and commercial transactions both domestically and internationally.

King Salman approves official Saudi riyal symbol, reinforcing national financial identity
King Salman approves official Saudi riyal symbol, reinforcing national financial identity

Saudi Gazette

time20-02-2025

  • Business
  • Saudi Gazette

King Salman approves official Saudi riyal symbol, reinforcing national financial identity

Saudi Gazette report RIYADH — The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has officially approved the Saudi riyal symbol, marking a milestone that strengthens the identity of the Kingdom's national of the Saudi Central Bank (SAMA), Ayman Al-Sayari, expressed his profound appreciation to King Salman and Crown Prince and Prime Minister Mohammed bin Salman for their leadership in launching the emphasized that this decision will enhance Saudi Arabia's financial identity on local, regional, and international noted that the implementation of the riyal symbol will be introduced gradually across financial and commercial transactions in coordination with relevant highlighted that the initiative is designed to promote national identity, strengthen cultural belonging, and position the Saudi riyal prominently among major global currencies, particularly within the G20 economic Governor extended his gratitude to all entities that contributed to the development of the symbol, including the Ministry of Culture, the Ministry of Media, and the Saudi Standards, Metrology, and Quality to the highest technical standards, the Saudi riyal symbol reflects the Kingdom's rich cultural heritage, featuring a design derived from Arabic calligraphy. The symbol is expected to streamline the representation of the Saudi riyal in financial and commercial transactions both domestically and internationally.

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