#SaudiArabia#
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Saudi Arabia is a desert country encompassing most of the Arabian Peninsula, with Red Sea and Persian (Arabian) Gulf coastlines. Known as the birthplace of Islam, it’s home to the religion’s 2 most sacred mosques: Masjid al-Haram, in Mecca, the destination of the annual Hajj pilgrimage, and Medina’s Masjid an-Nabawi, burial site of the prophet Muhammad.
Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE
Photo: Reuters Saudi Central Bank (SAMA), in partnership with the Central Bank of the UAE, released a report mentioning the benefits of using a distributing payment system over a centralized payment structure. The central banks have concluded a joint 1-year central bank digital currency (CBDC) pilot
Saudi, Russia energy ministers to hold informal talks with OPEC and JMMC on Saturday
Saudi Arabian and Russian Energy Ministers are expected to hold informal consultations with the OPEC and its allies (OPEC+) Joint Ministerial Monitoring Committee (JMMC) on Saturday, Nov 28, Russia’s news agency – TASS reported on Friday. The official OPEC+ ministerial meeting is scheduled for Nov 3
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