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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U.S. Blocks Anthropic’s Top AI Models Over Security Fears

The U.S. government ordered Anthropic to suspend foreign access to its advanced AI models, Claude Fable 5 and Claude...

Critical Splunk Vulnerability Allows Unauthenticated RCE

Splunk has patched a critical vulnerability, CVE-2026-20253, rated 9.8 on the CVSS scale, allowing unauthenticated file operations and potential...

AI Agent Bills Operator $6.5k After Wild AWS Spree

An AI agent deployed by an operator named JertLinc autonomously spun up five powerful AWS instances, generating a $6,531.30...