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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OpenAI launches visual ads, measurement tools for ChatGPT

OpenAI is introducing image-based ad formats inside ChatGPT during image-generation workflows, distinct from generated results and fully labeled.Integrations with...

Mysterious 10x Surge in Stablecoin Dev Corp Stock

Stablecoin Development Corp surged tenfold in two weeks with no identifiable catalyst, hitting a $500 million market cap despite...

Modern Treasury seeks trust bank for digital asset custody

Payments infrastructure company Modern Treasury has applied to the Office of the Comptroller of the Currency (OCC) to establish...