The holiday’s arrival cast a spotlight on deepening humanitarian crises, leadership transitions and shifting regional ...

As the hot summer months arrive in the Gulf, we highlight this week’s exhibitions by Saudi artists in Europe: Abdullah Al ...

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 ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. DAMASCUS, Syria (AP) — The World Bank said ...

The World Bank has cleared Syria of its $15.5 million outstanding debt after Saudi Arabia and Qatar paid for it, in another positive sign for the nation's damaged economy. The clearing of the ...