FeaturedFinanceSaudi Arabia to launch new electronic instant payments systemPritam BordoloiFebruary 12, 2021 by Pritam BordoloiFebruary 12, 2021 The new payment system is designed to reduce the dependency on cash in the Kingdom... Read more
BankingFeaturedCoronavirus: Saudi Arabia plans $13.3 bn stimulus for private sectorInternational FinanceMarch 16, 2020March 18, 2020 by International FinanceMarch 16, 2020March 18, 2020 UAE announces its own $27.2 bn stimulus and Egypt allocates $6.4 bn... Read more
TechnologySaudi Central Bank and Ripple to carry pilot test for cross-border transactionsInternational Finance DeskFebruary 22, 2018February 27, 2020 by International Finance DeskFebruary 22, 2018February 27, 2020 The pilot project using blockchain could save banks up to US$400mn... Read more