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Personal loans in Saudi Arabia exceed SAR 500 billion: expert

Financial expert Abdulrahman Bubsheet says personal loans in Saudi Arabia have surpassed SAR 500 billion by Q3 2026, citing central bank data.

Personal loans in Saudi Arabia exceed SAR 500 billion: expert

Saudi Arabia has broadened its tourist visa program to accommodate citizens from four new countries, according to a statement from the Ministry of Foreign Affairs. Mexico, North Macedonia, Bosnia and Herzegovina, and Serbia have been added to the list of eligible nationalities, bringing the total number of countries with access to the program to eight. These four countries join Mexico, North Macedonia, Bosnia and Herzegovina, and Serbia in the list of eligible nationalities.

Eligible travelers can utilize the tourist visa for a variety of purposes, such as attending events and entertainment activities, performing Umrah, participating in exhibitions and conferences, and visiting relatives and friends. The tourist visa comes in different formats, including the eVisa, which can be applied for online, the Visa on arrival, which is subject to certain eligibility requirements, and the Transit or stopover visa for travelers passing through Saudi Arabia.

The Ministry of Foreign Affairs emphasized that all visits to the Kingdom are still subject to the country's regulations and instructions. The expansion is part of Saudi Arabia's ongoing efforts to simplify the process for international visitors and make traveling to the country more accessible for tourism, religious visits, and business-related activities.

Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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