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Ahmed Al-Khulaifi

Ahmed Al-Khulaifi latest

Saudi Arabia has plans for a new digital currency for banks. (Pexels)
October 8th, 2017 - 10:59 GMT

Saudi Arabia Announces Digital Currency Exclusively for Banks

The Saudi Arabian Monetary Authority (SAMA) is planning to implement a pilot project to issue a virtual/digital currency that will only be traded among banks.
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Headquarters of the Saudi central bank, the Saudi Arabian Monetary Agency (SAMA) in Riyadh. (Twitter)
September 27th, 2016 - 11:30 GMT

Saudi Arabia's banks to get a $5.3B injection

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