Saudi Arabia
Saudi sovereign wealth fund sets up national coffee company
Coffee venture is part of national diversification plann
Saudi Arabia deposits $5 billion in Egypt’s central bank
Egypt agrees investment from Qatar and UAE, and seeks funding from IMF as wheat prices rise
Central Banking Awards 2022: final winners unveiled
Prizes for Central bank of the year, Lifetime achievement, Transparency, Economics and more
Technology services: SAP
The software company pulled off a high-stakes ‘big-bang’ launch of a new core banking system for the Saudi Central Bank
Payment services: CMA
The Swedish payments firm is well known as a provider of core infrastructure for central banks, and is now a key player in a new payment system linking the Arab world and beyond
Central banks follow Fed with rate hikes
Several central banks have raised their policy rates in response to the Federal Reserve hike
Saudi sovereign wealth fund gets first-ever credit rating
Public Investment Fund prepares for bond issues and lending initiatives
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
Saudi Arabia gives $3 billion to Egyptian central bank
Donation is pandemic aid, and follows similar deposit with Pakistan central bank
Report accuses Georgieva of changing data under Chinese pressure
IMF head rejects allegations made by World Bank-commissioned independent report
FX market intervention key tool for emerging market economies
Central bank markets departments perform a wide range of different roles
Third parties often develop RTGS technology
Seventy-one percent of respondents said the technology underpinning their RTGS system was developed solely by a third party or in collaboration with the central bank
Saudi Arabia to launch instant payment system in days
New system will go live following successful pilot with Saudi banks – Sama
New governor appointed at Saudi Central Bank
Fahad Almubarak returns for a second stint as governor of Sama
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
Sama changes name again under new central bank law
Law change updates and clarifies central bank’s role and responsibilities
Sama launches polymer version of five-riyal banknote
New note will circulate alongside existing cotton banknotes
Sama injects $13 billion as banks prepare to reopen
Saudi central bank directs financial firms to “gradually return” to normal operations
Lebanese PM asks for IMF aid as dispute with central bank grows
Governor at centre of massive economic crisis appears to condemn PM’s words as “slander”
IMF and Yale provide data on virus responses
IMF site provides information on G20 country responses to virus
Sudanese government fires central bank board
Recently-appointed governor remains in post as new regime confronts economic crisis
Treasury systems initiative: Calypso Technology
The tech company secured important breakthroughs including with its Maps treasury operations system
Yemeni government appoints new central bank head
New appointee will be the fourth to hold the role since outbreak of civil war in 2015