Why Do Saudi Arabia and UAE Want a Common Digital Currency?
The Central Bank of Saudi Arabia and the UAE announced their decision to create a digital currency that can also be used between concerned...
AAOIFI Working on Islamic Crowdfunding Standards for End of 2021
Islamic finance standards-setting body AAOIFI is working on a standard for online Islamic crowdfunding and plans to have it ready by the end of...
UAE, Saudi Arabia Progress with Common Digital Currency for Central Banks
The central banks of the UAE (CBUAE) and Saudi Arabia (SAMA) have officially launched a project for a common digital currency.
A final report on...
Boursa Kuwait Sees $3.1bn Inflows after MSCI Upgrade
Boursa Kuwait on Monday hailed an "important" step onto the global investment map with its inclusion into the MSCI Emerging Markets Indices.
A total of...
Soft Loans for Jordan’s Solar Rebate Scheme
Jordan's Ministry of Energy and Mineral Resources has signed an agreement with the Housing Bank for Trade and Finance (HBTF) to support a rebate...
Bahrain and Saudi Capital of Riyadh Named as Top Fintech Ecosystems...
The Kingdom of Bahrain and Saudi Arabia’s capital city Riyadh were recently chosen as the top Fintech ecosystems to watch closely, according to a...