Six commercial banks from Saudi Arabia and the United Arab Emirates (UAE) have joined a digital currency project, major Saudi Arabian financial news portal Argaam reports on Feb. 5 Referring to ...

DAMASCUS (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources said, reflecting rapidly improving ties with Gulf Arab and Western states as ...

China's attempts to internationalise the yuan are finding fruit in the Gulf states. These states, particularly the United Arab Emirates and Saudi Arabia, are strengthening their financial cooperation ...

ABU DHABI (Reuters) - India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using dollars or other international currencies ...

Almost two years have passed since the Local Currency Settlement Agreement between India and UAE. The United Arab Emirates was the first country with which India signed the Comprehensive Economic ...

The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details on the interbank digital currency they are co-developing. The United Arab Emirates’ (UAE) central ...

A currency exchange affiliated with the UAE supermarket chain LuLu has quickly become a top player in the market, moving $19.7 billion in remittances last year and on track for around $22 billion this ...

The UAE central bank aims to introduce digital currency as part of its 2023-2026 strategy, state news agency WAM reported on Monday. DUBAI, July 12 (Reuters) - The UAE central bank aims to introduce ...