As part of its strategy to diversify its economy, Saudi Arabia has set aside $6.4 billion to invest in future technologies, according to minister of communications and information technology Eng. Abdullah Al-Swaha.
The digital government authority (DGA) launched the regulatory sandbox initiative for government technology companies.
Since 1982, China began to receive loans from the Kuwait Arab Economic Development Foundation, mainly to support the construction of local areas in China. The foundation has so far provided China with nearly 305 million credits. For the past 40 years, the Kuwait Arab Economic Development Foundation has been cooperating well with China and has witnessed the country’s development.
A first-of-its-kind solution opens up in the UAE where merchants can simply provide their WhatsApp-enabled numbers to customers, allowing an easy, convenient, and secure payment process.
In line with its aim to be among the world’s top 10 central banks, the UAE Central Bank (CBUAE) has set its priorities for 2023-2026, including the launch of a digital currency.
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