Saudi Arabia Archives

UAE, Saudi Arabian Central Banks Disclose Report On Project Aber CBDC Trial

November 30, 2020

UAE, Saudi Arabia central banks disclose report on project Aber CBDC trial. On November 29, central banks from two of the most strong economies in the Middle East released a study on the yearlong Joint Centra...

Saudi Arabia and the UAE Central Banks to Create Joint Token

December 12, 2018

The Central Bank of the United Arab Emirates and the financial regulator of Saudi Arabia are working together to create a new cryptocurrency, according to Gulf News. A currency for the people The token is...

Major Saudi Bank to Begin Using RippleNet This Year

September 16, 2018

Ripple has announced a partnership with the National Commercial Bank of Saudi Arabia, the biggest bank in that country. Road to Singapore Under the terms of the deal, NCB will use RippleNet to connect to ...

Saudi Central Bank Teams Up with Ripple to Test Settlement Solution xCurrent

February 14, 2018

The Saudi central bank is set to carry out a test of Ripple’s settlement solution, xCurrent, ‎in a bid to improve ‎payments infrastructure and ‎enables KSA’s banks to instantly settle cross-border payments wi...

Tadawul Names Sarah Al-Suhaimi as First Female Head of Saudi Stock Exchange

February 16, 2017

The Saudi Stock Exchange (Tadawul), the Gulf’s biggest equity market, said today that it has named Sarah al-Suhaimi as Chairman of the Board of Directors, making her the first woman to lead a top government f...