Ministry of Municipal and Rural Affairs has signed an agreement with “SAMA” company to raise the efficiency of collecting municipal revenues and saving public funds, through financial systems’ integration with “SAMA” database, to support all municipalities and sub-municipalities, and providing the municipal sector with credit information of applicants who will invest in offered opportunities. The agreement aims at automating the integration between the ministry and "SAMA" company to identify all automated transactions and correct, accurate and updated credit information for individuals and companies’ sectors, according to the credit information system and the executive regulations issued by “SAMA”.
Agreement is signed by Dr. Ghanim Al-Mohammadi Planning Minister Deputy for Planning and Programs in MOMRA, and Engr. Nabil Al-Moubark, SAMA CEO, attended by Eng. Abdul Latif Al-Sheikh, Minister of Municipal and Rural Affairs.