
The United Arab Emirates and Saudi Arabia are pioneering financial technology for cross-border settlements, the UAE's central bank governor said this morning. The transactions involve the use of a specially-developed digital currency which the two countries jointly commissioned. Addressing a financial technology conference in Abu Dhabi today, the UAE's central bank governor, Mubarak Rashed al-Mansouri, said ""We hope that the potential success of this initiative will foster similar coll...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes