The Saudi Central Bank (SAMA) licensed Global Exchange AS Currency Service Limited to engage in buying, selling and exchanging foreign currencies in Saudi Arabia, bringing the total number of licensed money exchange centers to 66, and reiterated the need to deal exclusively with authorized financial institutions listed on SAMA’s website.
Saudi Arabian Monetary Authority 2025-09-25
Saudi Central Bank licenses Global Exchange AS Currency Service Limited for foreign currency trading taking licensed exchange centers to 66
The Saudi Central Bank (SAMA) has licensed Global Exchange AS Currency Service Limited to conduct foreign currency transactions in Saudi Arabia, increasing the total number of licensed money exchange centers to 66. SAMA emphasized the importance of engaging only with authorized financial institutions listed on its website.