Tag Archives: Arabia

[ad_2][ad_1] The United Arab Emirates Central Bank (UAE) is collaborating with the Saudi Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. GulfNews press release in Dubai has reported this collaboration on December 12th. Mubarak Rashed Al Mansouri, the governor of the UAE central …

[ad_2][ad_1] The Saudi media have reported that the Islamic Corporation for Private Sector Development (ICD) is planning to develop a sharia-compliant blockchain product. The ICD plan to roll out blockchain-based financial products is to allow Islamic banks to manage their liquidity needs. With the proposed plan for the development of …

[ad_2][ad_1] The Islamic company based in Saudi Arabia for private sector development (ICD) has signed an agreement with a fintech company based in Tunis to develop blockchain solutions for Islamic banks, it was announced. In a statement, the ICD – which is the private sector branch of the Islamic Development …

[ad_2][ad_1] Saudi Arabia may be ready to launch a cryptocurrency in 2019. The information was released Tuesday by the Saudi news agency quoting Mohsen Al Zahrani, head of innovation at the Authority currency of Saudi Arabia (SAMA). SAMA he is the financial regulator of the country. However, Saudi Arabia will …

[ad_2][ad_1] Ripple (XRP) is ranked as the third largest currency, and for quite some time, which could eventually indicate that XRP deserves its place in the top five currencies . Ripple is best known for its goal of enabling fast and low-cost remittance payments worldwide by establishing strong partnerships with …

[ad_2][ad_1] Ripple (XRP) is ranked as the third largest currency, and for quite some time, which could eventually indicate that XRP deserves its place in the top five currencies . Ripple is best known for its goal of enabling fast and low-cost remittance payments worldwide by establishing strong partnerships with …

[ad_2][ad_1] Important Ripple Cryptocurrency News The NCB of Saudi Arabia joins RippleNet 5.5 million customers will be able to use the blockchain platform for faster remittances. The National Commercial Bank (BCN) of Saudi Arabia has announced that it will adopt Ripple's blockchain platform to improve remittances in and out of …

[ad_2][ad_1] In a move that will push Ripple to dominance in the Middle East, Ripple announced their partnership with the Commercial National Bank of Saudi Arabia (NCB). The NCB is one of the largest banks in the country with a market capitalization of about $ 120 billion and Ripple states …

[ad_2][ad_1] Ripple is strengthening its life line as it embarks on another zonal partnership in Asia, specifically in the Middle East. Apparently, the National Commercial Bank (BCN) of Saudi Arabia has seen the good of joining RippleNet in an effort to improve its position and its regional dominance as the …

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