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Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash
Saudi Arabia has introduced new austerity measures in the wake of the oil price collapse, a sign that the recent recovery will be short-lived. The post Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash appeared first on CCN.com дальше »
2020-5-12 01:59 | |
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U.S. Cuts Down Its 2020 Oil-Output Forecasts Just Ahead of OPEC+ Meeting
Coinspeaker U. S. Cuts Down Its 2020 Oil-Output Forecasts Just Ahead of OPEC+ MeetingThe war for the oil market share between Russia and Saudi Arabia has forced the U. S. oil producers to severely cut their budgets and production outputs. дальше »
2020-4-8 11:37 | |
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Saudi Arabia Invests in Carnival Cruise. Now It’s Definitely Time to Sell
Saudi Arabia has decided to buy a massive stake in Carnival Cruises. Is this another move in a long line of stupid investment decisions? The post Saudi Arabia Invests in Carnival Cruise. Now It’s Definitely Time to Sell appeared first on CCN.com дальше »
2020-4-7 02:27 | |
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Deal between Russia and Saudi Arabia Is Very Close, Oil Prices Are Likely to Stabilize
Coinspeaker Deal between Russia and Saudi Arabia Is Very Close, Oil Prices Are Likely to StabilizeOil prices are likely to stabilize globally very soon, as Russia and Saudi Arabia are getting very close to finalizing an oil production cut deal. дальше »
2020-4-6 13:16 | |
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Oil Prices Could Crash Below $10 Despite Trump Tariff Hype
Oil prices won't see a meaningful recovery any time soon as the price war between Saudi Arabia and Russia will likely continue for months. The post Oil Prices Could Crash Below $10 Despite Trump Tariff Hype appeared first on CCN.com дальше »
2020-4-6 20:00 | |
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Trump Manipulated the Stock Market With a Nonexistent Oil Deal Amid Jobless Claims
President Donald Trump got the energy sector excited about a deal between Russia and Saudi Arabia. The Kremlin says there was no conversation. The post Trump Manipulated the Stock Market With a Nonexistent Oil Deal Amid Jobless Claims appeared first on CCN.com дальше »
2020-4-4 17:01 | |
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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts
The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »
2020-4-2 13:10 | |
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Bitcoin Follows Stock Market, Jumps on Trump’s Pledge of “Major” Economic Support
Shares around the world had their worst day since the 2008 financial crisis leading the day to be dubbed “Black Monday. ” The main US financial indexes closed down by over 7% as a row between Saudi Arabia and Russia saw oil prices plunge. дальше »
2020-3-10 16:29 | |
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Saudi-Russia Oil War Crashing Bitcoin?
The Russian Rubble (RUB) has plunged, down 20% this year with 10% of it just today after Saudi Arabia began pumping oil production. Saudi oil minister Prince Abdulaziz bin Salman... The post Saudi-Russia Oil War Crashing Bitcoin? appeared first on Trustnodes. дальше »
2020-3-10 22:09 | |
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Oil Deal Collapse Hits Markets Reeling from Coronavirus Fears
Markets worldwide have crashed as Saudi Arabia and Russia fail to come to terms on a deal to slow oil production. OPEC Deal Collapses, Oil Slumps Fissures in OPEC+ have...The post Oil Deal Collapse Hits Markets Reeling from Coronavirus Fears appeared first on Crypto Briefing. дальше »
2020-3-10 15:33 | |
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. дальше »
2020-2-24 08:50 | |
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Saudi Aramco Goes Blockchain by Investing $5 Million in Vakt
Coinspeaker Saudi Aramco Goes Blockchain by Investing $5 Million in VaktIn recent news, Saudi Arabia's oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt. дальше »
2020-1-29 15:41 | |
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Newcastle United Fans Don’t Care Where Investment Comes From, and Why Should They?
Some 80 percent of the financing for a planned takeover is being provided by the Saudi Arabia Sovereign Wealth Fund, which is under the control of Crown Prince Mohammad bin Salman. The post Newcastle United Fans Don’t Care Where Investment Comes From, and Why Should They? appeared first on CCN.com дальше »
2020-1-29 23:48 | |
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Amazon CEO Jeff Bezos Loses His Private Life after WhatsApp Talk with Saudi Crown Prince
Coinspeaker Amazon CEO Jeff Bezos Loses His Private Life after WhatsApp Talk with Saudi Crown PrinceJeff Bezos, CEO of Amazon, has problems with his privacy. The Guardian publishes shocking data about his smartphone being hacked by presumably Saudi Arabia crown prince. дальше »
2020-1-23 23:13 | |
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WhatsApp Talk with Saudi Crown Prince Costs Amazon CEO Jeff Bezos His Private Life
Coinspeaker WhatsApp Talk with Saudi Crown Prince Costs Amazon CEO Jeff Bezos His Private LifeJeff Bezos, CEO of Amazon, has problems with his privacy. The Guardian publishes shocking data about his smartphone being hacked by presumably Saudi Arabia crown prince. дальше »
2020-1-23 23:13 | |
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Saudi Arabia and Bahrain Use Blockchain Technology to Finance International Trade
SABB and HSBC executed for the first time a blockchain-based trade transaction between Aluminium Bahrain B. S. C. (Alba) to Saudi Arabia’s Altaiseer Aluminium Corporation (TALCO). The news comes from an official post by SABB on November 20, 2019. дальше »
2019-11-21 14:00 | |
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Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO
The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices. дальше »
2019-11-12 13:53 | |
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QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong, Saudi Arabia, United Arab Emirates, […] The post QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices appeared first on Bitcoin News. дальше »
2019-11-9 13:35 | |
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Uber Founder Cut $400 Million Deal With Saudi Arabia 3 Months After Khashoggi Chopping
Uber co-founder’s newest startup received $400 million from Saudia Arabia’s PIF 11 months ago. PIF’s investment in Uber is over $1 billion in the red since the IPO. The report comes just over a year since the brutal murder of Jamal Khashoggi. дальше »
2019-11-8 21:06 | |
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Saudi Arabia Joins SoftBank in Biggest-Loser Club with $1.1 billion Uber Loss
Uber Technologies’ (NYSE:UBER) fifth largest shareholder, the sovereign wealth fund of Saudi Arabia, has now lost over a billion dollars by investing in the ride hailing firm. Based on the most recent holdings report to the SEC, the Kingdom of Saudi Arabia’s Public Investment Fund currently owns 72,840,541 shares in Uber Technologies. дальше »
2019-10-23 20:00 | |
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Mark Yusko Doesn’t Buy Trade Deal Optimism, Remains Bullish on Bitcoin
The final quarter of the year starts with some optimism. The U. S. is said to remove sanctions onIran, and Saudi Arabia is said to make peace with Yemen. On trade, investors are hopeful that a deal will happen. дальше »
2019-9-28 19:00 | |
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Bigger Bloodbath in U.S. Stock Market Likely: Factors of Further Downtrend
The U. S. stock market, as seen in the performance of the Dow Jones throughout September, had been on an upward trajectory amidst growing optimism over a potential deal with China and the easing of monetary policies in major markets like Europe. дальше »
2019-9-18 17:00 | |
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Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation
Asian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia‘s oil industry. Latest U. S. intelligence has been persistent in claiming that Iran was responsible for the attack. дальше »
2019-9-17 06:38 | |
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BOOM! Saudi Oil Attacks Pose Crucial Test for Bitcoin
The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also prompted a one percent rise in the price of gold. дальше »
2019-9-16 18:11 | |
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Bitcoin Mum despite Saudi Attack Raising Demand for Haven Assets
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0. дальше »
2019-9-16 17:00 | |
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‘Locked and Loaded’: Trump’s Latest Tweetstorm Rages Over Saudi Oil Attack
Oil prices have been soaring Monday after a drone attack at Saudi Aramco’s Khurais oil field in Buqyaq, Saudi Arabia, forced the Kingdom to shut down over half of its daily production capacity. Yemen's Houthi rebels claim attacks on 2 Saudi Aramco oil facilities, Saudi Arabia's state-owned oil giant, disrupting oil output and exports. дальше »
2019-9-17 16:00 | |
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3 Oil Stocks Strike as Biggest Pre-Market Gainers as Trump Drills Pipeline Approvals
The warning by President Donald Trump that the U. S. is “locked and loaded” ready to attack Iran over suspicion that it was behind the drone attacks on refineries in Saudi Arabia not only sent crude oil prices surging but also saw upstream stocks climbing. дальше »
2019-9-17 15:13 | |
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Dow Futures Collapse on Threat of More Devastating Oil Attacks
Dow Jones Industrial Average (DJIA) futures collapsed in early trading Monday after drone strikes in Saudi Arabia devastated the oil market. Two attacks on Saudi oil sites triggered a 17% rise in the oil price and a knock-on effect on global stock markets. дальше »
2019-9-17 12:55 | |
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Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. дальше »
2019-9-17 12:36 | |
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Oil Prices See Unprecedented Surge Following Devastating Drone Attacks on Saudi Production Fields
Oil prices skyrocketed in early futures trading on Monday, as Saudi Arabia rushed to restore lost output following a weekend attack on the kingdom’s production fields. The attack, which was claimed by Yemen’s Houthi rebels, is considered a game-changer in Saudi Arabia’s multi-year effort to rein in its opponents to the south. дальше »
2019-9-16 02:07 | |
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Saudi Arabian Monetary Agency to expand scope of digital currencies after completion of pilot phase
Saudi Arabian Monetary Agency (SAMA), the financial watchdog for Saudi Arabia is considering to expand the scope of digital currencies to several banks and other countries after completion of its pilot project later this year, reported Al-Eqtisadiah. дальше »
2019-9-12 19:30 | |
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Saudi Arabia’s Finance Ministry Warns Investors Against Scammers Posing as Government
There is a new crypto-related scam in Saudi Arabia and the local authorities are already warning the investors against them. The Finance Ministry of the country has recently warned the local investors against a group of scammers that are using the official symbol of the government to promote their own tokens. This group is affirming […] дальше »
2019-8-22 22:52 | |
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Facebook removes campaign with ties to Saudi Arabian government
Facebook has removed hundreds of fake accounts and pages associated with individuals connected to the Saudi Arabian government as part of its ongoing fight to curtail coordinated inauthentic behavior on the platform. дальше »
2019-8-2 11:43 | |
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Mastercard Partners with Bahrain Financial Network for Blockchain-Based Payment Solution
According to a press release from Trade Arabia, July 30, 2019, Mastercard and the Bahrain Electronic Network for Financial Transactions (Benefit), the only financial network in the Kingdom of Bahrain handling ATM and POS transactions, have established a partnership to provide a blockchain solution for banks to enable cross-border commercial payments. дальше »
2019-7-31 09:00 | |
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Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against Funding War
After nearly two decades of U. S. -led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. дальше »
2019-7-23 13:00 | |
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Ethereum Foundation Seeks ‘Moonshot’ Partnership with Gulf Coast Finance Experts
The Ethereum Foundation is working with financial experts to set up Sharia-compliant products in the crypto community. Presently, cryptocurrency trading is banned in Saudi Arabia. The key to keeping the cryptocurrency industry alive over time is to ultimately have support from regions around the world in some way. The Ethereum Foundation is not taking this […] дальше »
2019-7-3 17:09 | |
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Saudi Banks Set to Curb Card Theft with DLT and Biometrics
In a bid to make it impossible for fraudsters to use stolen cards to withdraw money at automated teller machine (ATM) points, ShoCard, a mobile blockchain-powered digital identity platform has developed an identity management solution that combines biometric and distributed ledger technology (DLT). дальше »
2019-6-26 15:00 | |
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Ripple Facilitates Payment Remittances From India to Saudi Arabia
Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019. дальше »
2019-5-22 15:00 | |
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Saudi Arabia: The First Blockchain Tracked Cargo Shipped to Rotterdam
Hellenic Shipping News reported May 20, 2019 that Saudi Customs successfully departed the first shipment that is powered by blockchain technology. It is headed to Rotterdam, Netherlands. Other Ports of Saudi Arabia May Soon See a Blockchain System For the very first time in 2018, a container was processed over the blockchain technology by CargoX,Read MoreRead More. дальше »
2019-5-21 15:00 | |
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Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank
In yet another demonstration of the effectiveness of Ripple’s payment solutions, the project has launched a new remittance corridor… The post Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank appeared first on Invest In Blockchain. дальше »
2019-5-21 10:08 | |
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Mega-Banks Joining Ripple Despite XRP Sell-Pressure
Ripple (XRP) prices find support at 30 cents SABB launches Instant Cross-Border Transfer Service With the facilitation of SAMA, the primary regulator in the Kingdom of Saudi Arabia, SABB, is part of the growing RippleNet family after launching Instant Cross-Border Transfer Service that will use XRP. дальше »
2019-5-3 22:00 | |
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Ria Money Transfer Beefs Up Cross Border Finance Trading in New Pair with Ripple’s RippleNet
Known for a multitude of partnerships, Ripple has just begun a new team up with Saudi Arabia’s British Bank. SABB has been in the market for a new partner to help set up an instant cross-border payment service. дальше »
2019-5-2 17:36 | |
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Leading Bank Of Saudi Arabia Launches Ripple Based Cross-Border Instant Payments
Ripple can add another bank to the list of financial entities using its cross-border payments focused technology, as the… The post Leading Bank Of Saudi Arabia Launches Ripple Based Cross-Border Instant Payments appeared first on Invest In Blockchain. дальше »
2019-4-29 09:30 | |
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Saudi British Bank Launches Instant Cross-Border Payments Service Based on Ripple
During the first edition of the Financial Sector Conference, a part of the Financial Sector Development Program, held in Riyadh, Saudi Arabia, on 24th & 25th April, Saudi British Bank announced the launch of its Ripple-powered payment services for instant cross-border payments. дальше »
2019-4-28 21:00 | |
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Ripple Tapping into a Big Remittance Market by Launching a New Corridor via SABB
A new corridor has been added to the already vast list of Ripple’s corridors that it is pushing its products into. The new fast and cost-effective corridor is India and Saudi Arabia as revealed by Navin Gupta at the Forest Stewardship Council (FSC) 2019. дальше »
2019-4-26 17:44 | |
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