Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) and the Saudi Capital Market Authority (CMA) signed a joint electronic link agreement to benefit from the "Tanfeith" program.

The program aims at the direct linking and integration of technical systems between the two sides, according to a statement.

SAMA explained that the goal of the program is to enhance the level of cooperation with government agencies and to overcome the difficulties and obstacles that may face joint work between SAMA and relevant bodies.

This comes in an attempt to keep pace with the workload in line with the goals of the Kingdom's 2030 vision, with a focus on benefiting from modern technical means and e-government applications, and raising the level of government services in a way that contributes to shortening administrative procedures, and raising the level of their quality and speed of delivery.