Business 6 February 2019

Banks in Saudi Arabia, UAE join cross-border crypto project

Six commercial banks in Saudi Arabia and the United Arab Emirates (UAE) recently joined a crypto project.

Business 22 January 2019

Saudi-UAE council explores blockchain

The Saudi-Emirati Coordination Council has included a joint cryptocurrency among socioeconomic initiatives to be pursued.

Business 16 August 2018

Saudi Arabia bans crypto over ‘high risks,’ ‘negative consequences’

The Kingdom of Saudi Arabia has made cryptocurrencies illegal by diktat, following a change in the law designed to protect residents from engaging in crypto transactions.