News

As the hot summer months arrive in the Gulf, we highlight this week’s exhibitions by Saudi artists in Europe: Abdullah Al ...
Saudi Arabia is recognized for its advanced digital payment ecosystem, which has helped fulfill its ambitious Saudi Vision ...
Saudi Arabia's main stock index closed down on Tuesday, reaching its lowest level since April 7 as market sentiment remains ...
Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure ...
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities. The growing role of nonbank ...
Saudi Arabia’s Alinma Bank, rated A2 (Stable) by Moody’s, and A- (Stable) by both S&P and Fitch, has launched its US dollar-denominated $500 million sukuk with a yield set at 6.5%. Its IPTs were in ...
According to data released by the Saudi Central Bank (SAMA), this figure represents the highest monthly level recorded in nearly nine years. Transfers by Saudi citizens also rose significantly, ...
Saudi Central Bank funds indirect Bitcoin participation strategy. Move aligns with Vision 2030’s economic diversification goals. Reflects growing global interest in cryptocurrencies among ...
On May 16, Saudi Arabia’s Central Bank confirmed the purchase of 25,656 shares of Strategy (formerly MicroStrategy), a company holding over 200,000 BTC. The $10.2 million investment came during former ...
The Saudi central bank has made a shift to Bitcoin, with a recent filing showing it holds shares in Strategy. This move means the country has now joined the ranks of other institutional players with ...
Pakistan, May 17 -- On Friday, May 16, 2025, the World Bank confirmed that Saudi Arabia and Qatar have cleared Syria's outstanding debt of $15.5 million, allowing Damascus to access new loans.
Saudi Central Bank gains Bitcoin exposure through investment in MicroStrategy. Gulf institutions, including Mubadala, are ramping up Bitcoin investments amid global crypto adoption. In a notable shift ...