Saudi Arabia
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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...
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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...
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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...
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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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UN Security Council to Hear AI CEOs on Risks Before Trump-Xi Meet
Anthropic, OpenAI, DeepSeek, and Moonshot will brief the UN Security Council on AI risks Wednesday.Anthropic CEO Dario Amodei has...
OpenAI launches cheaper GPT-6 Sol and Luna for coding and work tasks
OpenAI launched GPT-6 Sol at $2 per million input tokens and $10 per million output tokens, and GPT-6 Luna...
Kalshi bot stops uniform trades amid wash trade claims
A trading bot repeatedly buying and selling $1 contracts on Kalshi's Zohran Mamdani prediction market every four seconds for...
