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  • ‘GCC set to dominate global cryptocurrency market’

    “Oman is emerging as a standout in the regional crypto mining landscape, highlighted by its support of Exahertz, an Omani mining company. A significant investment of $1.1 billion is set to deploy over 800 megawatts, boosting Oman's role in the Bitcoin mining sector,” she adds, amid predictions for Bitcoin to hit the $100,000 mark.
    Business
  • Saudi National Bank launches US dollar-denominated sukuk

    RIYADH, SAUDI ARABIA - Saudi National Bank (SNB) commenced the US dollar-denominated senior unsecured sukuk issuance through a special-purpose vehicle. The sukuk are offered to qualified investors inside and outside Saudi Arabia.  The amount and terms of offer of the sukuk will be determined subject to market conditions, the bank said in a statement to Tadawul.   This announcement does not constitute an invitation...
    Business