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 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 ...
China’s central bank governor has offered ... governance during a series of speeches in Saudi Arabia. Pan Gongsheng, governor of the People’s Bank of China, pledged to work with the Gulf ...
Saudi Arabia has emerged as a central player in the pursuit of a U.S.-brokered peace deal between Russia and Ukraine, in large part due to the political capital it wields with its massive oil ...
Saudi newspaper Okaz, citing updated draft regulations drawn up by the central bank, reported that such deductions are also prohibited if the financing contract does not include any stipulation ...
The reserve assets of the Saudi Central Bank (SAMA) achieved an annual growth rate of 5.5 per cent, with an increase of around SR92.049bn ($24.5bn), bringing the total to SR1.754tn ($467.4bn) by the ...
Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for international trade – as a full participant, the ...
LONDON (Reuters) -Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world's oil trade being done in U.S ...
Saudi Arabia Joins BIS and China-Led Central Bank Digital Currency Project By Marc Jones LONDON (Reuters) -Saudi Arabia has joined a China-dominated central bank digital currency cross-border ...
Riyadh’s King Abdullah Financial District does not have its own regulator, and financial institutions operating in the kingdom are regulated by the Saudi Central Bank and the Capital Markets Authority ...
Central bank officials of Hong Kong and Saudi Arabia have agreed to jointly promote financial innovation projects and develop fintech, leveraging on the respective strengths of the two markets.