Following the Saudi Arabia’s exit from the petrodollar deal, one would wonder what would propel Saudi Arabia to exit this deal after such a long time. Could it be a coincidence that this exit also happen to clash with Saudi Arabia’s new membership with BRICS. What then would this mean for the future of the US dollar?
XingChiThe financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
CatherineJapan's SBI Holdings and Saudi Aramco have forged a strategic alliance, encompassing joint digital asset investments, support for Japanese startups, and collaborative ventures in semiconductor projects. SBI plans Middle East expansion in Riyadh.
BerniceThe collaboration explores diverse projects, including digital assets, and the establishment of semiconductor factories in both Japan and Saudi Arabia
BrianEddie Yue, Chief Executive of the Hong Kong Monetary Authority, announced yesterday that in the coming months, they anticipate launching the second tokenized green bond.
OliveSaudi Arabia and China's AceGPT AI project is set to revolutionise Arabic language AI, forging a powerful alliance in technology advancement.
Hui Xin
Coinlive After Argentina was defeated by Saudi Arabia in the FIFA World Cup 2022, the value of the country’s crypto fan token nosedived.
BitcoinistThe Argentina fan token $ARG is down more than 25% following Argentina's defeat to Saudi Arabia.
BeincryptoSaudi Arabia is a significant market for digital currencies with the country's favorable regulatory climate, large consumer base and increasing interest in cryptocurrencies, a new KuCoin survey says.
Cointelegraph