SAUDI ARABIA
Hong Kong Financial Leaders Gain Insights in Riyadh Trip
The Hong Kong Academy of Finance completed a field trip to Riyadh, Saudi Arabia, to foster financial collaboration and gain insights into Saudi Arabia’s financial ecosystem.
Saudi Arabia and NVIDIA Collaborate to Establish AI Infrastructure
NVIDIA partners with Saudi Arabia to develop AI factories, enhancing the Kingdom's digital infrastructure and aligning with Vision 2030 for economic diversification.
Saudi Arabia to Build AI Factories with HUMAIN and NVIDIA Partnership
HUMAIN and NVIDIA partner to establish AI factories in Saudi Arabia, enhancing the nation's position as a global AI leader with advanced infrastructure and workforce transformation.
HKMA and SAMA Deepen Financial Ties Between Hong Kong and Saudi Arabia
The Hong Kong Monetary Authority and Saudi Central Bank strengthen financial cooperation through a bilateral meeting, focusing on infrastructure, technology, and investment opportunities.
HKMA and PIF Forge $1 Billion Investment Fund to Boost Hong Kong-Saudi Economic Ties
The Hong Kong Monetary Authority and Public Investment Fund sign an MoU to establish a $1 billion investment fund, focusing on key industries like manufacturing and renewables.
Binance P2P Introduces Merchant Ambassador Program for Saudi Arabia
Binance P2P launches its Merchant Ambassador Program in Saudi Arabia, promoting diversity and inclusion within the trading community.
Saudi's $250M Tech Innovation Boost with Hashgraph (HBAR)
The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions.
SAMA is Ramping Up Its Research into Central bank digital currencies
SAMA is expanding its central bank digital currency study (CBDCs). Saudi Vision 2030 aims to diversify the economy, decrease oil dependency, and improve public services.
Argentina's fan token drops 31% after losing against Saudi Arabia
Argentina's World Cup opener loss to Saudi Arabia hurt the FA Fan Token. ARG token was $7.21 before kickoff and $4.96 after. "The Saudis," a nonfungible token collection themed after Saudi Arabia, rose 52.6% to 0.3 ETH. Algorand is the first blockchain-based FIFA World Cup sponsor. CHZ has fallen 40% since FTX's insolvency news.
HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East
Through the blockchain technology supported by the Contour platform, HSBC conducted a trade finance transaction between SAIC Motor and Taajeer Group.
51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows
Nearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.
Saudi Digital Academy Partners With BSV Association to Establish New Blockchain Academy
The Saudi Arabian Digital Academy has partnered with the Bitcoin Satoshi Vision (BSV) Association to establish a new blockchain academy.
Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko
The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.