Saudi
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Markets
Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’ – Economics Bitcoin News
A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for…
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Markets
Mounting Trend of Challenges to USD Hegemony Reported: Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve — Week in Review – The Weekly Bitcoin News
The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could…
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Markets
Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner – Economics Bitcoin News
China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO).…
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Markets
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now – Economics Bitcoin News
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels…
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Markets
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports – Blockchain Bitcoin News
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a…
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Markets
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases – Fintech Bitcoin News
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs,…
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Markets
Saudi Central Bank still researching CBDC, but no decision on deployment
The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (CBDCs) but is yet to…
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Markets
Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization – Economics Bitcoin News
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open…
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