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Saudi Arabia is recognized for its advanced digital payment ecosystem, which has helped fulfill its ambitious Saudi Vision ...
Saudi Central Bank's stake in Strategy grants indirect exposure to 568,840 BTC. The move mirrors Norway's sovereign wealth fund strategy for crypto exposure. Saudi Arabia leads MENA in crypto ...
The bank was launched as a wallet in 2018 and became a fully licensed digital bank under the Saudi Central Bank (SAMA) in early 2025, and it has steadily grown into a trusted financial partner for a ...
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Saudi central bank shifts to Bitcoin, stakes big on StrategyThe Saudi Central Bank has made an impressive shift to leading digital asset Bitcoin. According to a recent filing with the United States Securities and Exchange Commission (SEC), the bank now ...
Saudi Arabia's benchmark stock index logged its worst session in six weeks, ending the day 1.2% lower, while most other major Gulf markets also closed in the red, as investors worried about mounting ...
KIGALI, May 15 (Reuters) - Rwanda's central bank kept its policy rate unchanged at 6.5% in a decision announced on Thursday and said it planned to start buying gold for its international reserves.
International arrivals rose 9.5% to 30 million, while inbound tourism spend hit a record SAR153.61 billion ($40.9 billion), up 13.8% year-on-year, according to the Saudi Central Bank. Travel has ...
Saudi Arabia’s Bank Albilad has mandated banks to arrange a USD-denominated Additional Tier 1 (AT1) sukuk issuance by way of private placement under the lender’s $2 billion AT1 capital sukuk programme ...
DAMASCUS, Syria — The World Bank said Friday that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, clearing Damascus to take out new loans. Saudi Arabia and Qatar had ...
World Bank Says Saudi Arabia and Qatar Have Paid off Syria's Outstanding Debt DAMASCUS, Syria (AP) — The World Bank said Friday that the $15.5 million Syria owed it has been paid off by Saudi ...
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