Saudi Arabia

Saudi Arabia Nears Launch of State-Backed Stablecoin, Pioneering Fintech

Saudi Arabia plans to launch a state-backed stablecoin regulated by its Central Bank and Capital Market Authority.The stablecoin is part of the Kingdom’s Vision...

Saudi Arabia to Allow Foreign Real Estate Ownership from 2026

Saudi Arabia will allow foreign investors to purchase real estate starting January 1, 2026.Initial opportunities for foreign ownership will focus on new developments in...

Saudi Arabia Joins BIS-Led Digital Currency Project, Paving Way for Less Oil Trade in U.S. Dollars

Saudi Arabia's central bank is now a full participant in the BIS-led Project mBridge.The project includes central banks from China, Hong Kong, Thailand, and...

The Sandbox Signs MOU with Saudi Arabia to Develop Metaverse Activities

The steps towards the metaverse in the Middle East continue and in this context a Memorandum of Understanding (MOU) has recently been signed between...

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Tesla market share falls to 9.9% in California; Toyota grows

Tesla registrations in California fell to 179,656 in 2025, down from 202,865 the prior year.Tesla market share dropped to...

Capital One to Buy Brex for $5.15B Boosting Business Crypto.

Capital One agreed to buy San Francisco-based Brex in a $5.15 billion stock-and-cash deal.The deal aims to expand Capital...

Nasdaq Removes Options Limits on Spot Bitcoin and Ether ETFs

Nasdaq removed 25,000-contract limits on options tied to spot Bitcoin and Ether ETFs.The rule change was filed on Jan....

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