黑料社区

黑料社区 launches February 鈥楽ah鈥 savings with 4.94% return

黑料社区 launches February 鈥楽ah鈥 savings with 4.94% return
Sah offers fee-free, low-risk returns and is available through the digital platforms of various approved financial institutions. Shutterstock
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Updated 02 February 2025

黑料社区 launches February 鈥楽ah鈥 savings with 4.94% return

黑料社区 launches February 鈥楽ah鈥 savings with 4.94% return
  • Minimum subscription amount is SR1,000 and the maximum total issuance per user during the program period is SR200,000
  • Kingdom aims to raise savings rate among residents from 6% to the international benchmark of 10% by 2030

JEDDAH: 黑料社区 has launched the second round of its subscription-based savings product, Sah, for 2025, offering a competitive return of 4.94 percent for February.

Issued by the Ministry of Finance and organized by the National Debt Management Center, the Sah bonds are the Kingdom鈥檚 first savings product designed specifically for individuals.聽

Structured within the local bond program and denominated in Saudi riyals, Sah offers attractive returns to promote financial stability and growth among citizens.

The product aligns with the Financial Sector Development Program under Saudi Vision 2030, which aims to raise the savings rate among residents from 6 percent to the international benchmark of 10 percent by the end of the decade.

The Shariah-compliant, government-backed sukuk began at 10:00 a.m. Saudi time on Feb. 2 and will remain open until 3:00 p.m. on Feb. 4. Redemption amounts are expected to be paid within a year, as announced by the NDMC on X.

Sah offers fee-free, low-risk returns and is available through the digital platforms of various approved financial institutions. The bonds are issued monthly based on the issuance schedule, with a one-year savings period, fixed returns, and profits paid out at the bond鈥檚 maturity.

The minimum subscription amount is SR1,000 ($266), corresponding to the value of one bond, while the maximum total issuance per user during the program period is SR200,000. Returns are paid monthly per the issuance calendar.

The savings period lasts one year with a fixed return, and accrued profits are disbursed at the bond鈥檚 maturity. Future returns will be influenced by market conditions on a month-to-month basis.

The product is available to Saudi nationals aged 18 and older, who must open an account with either SNB Capital, Aljazira Capital, Alinma Investment, SAB Invest, or Al-Rajhi Capital.

Last month, NDMC announced the closure of the year鈥檚 first issuance with a total amount allocated of SR3.724 billion. It was divided into four tranches, with the first valued at SR1.255 billion to mature in 2029 and the second worth SR1.405 billion, maturing in 2032. The third tranche totaled SR1.036 billion to mature in 2036, while the fourth amounted to SR28 million and matures in 2039.

The initial 2025 issuance concluded on Jan. 7, offering a competitive return of 4.95 percent over its three-day subscription period.


Concierge demand surges as CEOs relocate to 黑料社区

Concierge demand surges as CEOs relocate to 黑料社区
Updated 12 November 2025

Concierge demand surges as CEOs relocate to 黑料社区

Concierge demand surges as CEOs relocate to 黑料社区

RIYADH: As 黑料社区 attracts a growing influx of CEOs and high-net-worth individuals, the demand for concierge and lifestyle management services is soaring 鈥 with requests becoming increasingly complex and personalized.

鈥淭here鈥檚 an avalanche of people, for all the reasons that you would know, relocating to 黑料社区,鈥 said Sir Ben Elliot, founder of global luxury concierge firm Quintessentially, in an interview with Arab News during TOURISE 鈥 the Saudi Ministry of Tourism-powered global summit held in Riyadh from Nov. 11鈥13.

For many new arrivals, the focus is on navigating practicalities: opening bank accounts, securing cars and drivers, hiring domestic staff, and finding schools for their children. 鈥淵ou need real proactive help to sort stuff out,鈥 Elliot said. 鈥淪ome of that stuff is a minefield.鈥

Over the past 18 months, demand has not only increased but also evolved, prompting Quintessentially to enhance its local operations. Elliot explained that the company is merging international expertise with Saudi talent to ensure high service standards from the outset.

鈥淲e brought people from our offices around the world working with young, brilliant, talented Saudis so that the service that you can expect when you arrive is really ticked off,鈥 he said.

Elliot noted that Quintessentially鈥檚 outbound support for Saudi members is also expanding, reflecting the growing global mobility of Saudi travelers. 鈥淲hat we鈥檙e seeing from Saudis themselves is huge,鈥 he said. 鈥淲e have great people on the ground servicing that.鈥

According to Elliot, the definition of luxury is shifting from material possessions to emotion-driven, experiential value 鈥 especially among younger consumers. 鈥淚f you think about the history of luxury, it has often been about things, materials,鈥 he said. 鈥淭hey want to experience, they want to feel.鈥

He emphasized that brands in hospitality, retail, and travel need to focus on 鈥渕eaningful human touch and relationships.鈥

Elliot highlighted 黑料社区鈥檚 approach to merging sustainability with luxury as a key opportunity for the sector. 鈥淭he Kingdom of 黑料社区 is at the forefront of trying to marry sustainable development alongside a kind of luxury experience,鈥 he said.

He pointed to Diriyah as an example of how cultural authenticity can coexist with modern hospitality and retail offerings. 鈥淲henever I take friends who have never been to 黑料社区, to Diriyah, that to me is a physical manifestation of where culture (and) sustainability meets a pretty kind of modern experience,鈥 he said. 鈥淚t feels absolutely real and authentic.鈥

Elliot said hosting TOURISE in Riyadh was symbolic of the city鈥檚 rapid evolution. 鈥淓veryone can see what鈥檚 happened here in the last 6 or 7 years, it鈥檚 kind of seeing is believing,鈥 he said.

He also reframed sustainability as a shared responsibility across industries, warning that leaders who fail to prioritize environmental and social impact risk alienating younger generations.

Despite the rise of technology, Elliot underscored that the essence of travel and tourism remains deeply human. 鈥淲e humans want to interact with other humans,鈥 he said.