Saudi Arabian Monetary Authority Current Affairs, GK & News
UAE and Saudi Arabia launch a common digital currency “Aber”
The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies. It will establish an additional means for the central financial transfer systems of the two countries and enable banks to directly ..
Topics: Arabian Peninsula • Blockchain • Central bank • Countries • Geography of Asia • Member states of OPEC • Member states of the Arab League • Member states of the Cooperation Council for the Arab States of the Gulf • Middle Eastern countries • Remittance • Saudi Arabian Monetary Authority • Western Asia