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الاقتصادية
Money20/20 ME outlines future of finance
The Money20/20 Middle East Conference in Riyadh concluded its events with a reaffirmation of the Kingdom’s approach to developing its financial ecosystem through supporting innovation, with a focus on enhancing monetary stability and technological empowerment. The Saudi Central Bank indicated that it is adopting a trial-and-evidence-based approach before expanding the adoption of emerging financial technologies. Additionally, activities related to supply chain financing reached over 1.4 billion riyals. The bank also announced the availability of Alipay+ payments and Tap to Pay services on iPhone devices to improve payment options. The event wrapped up with fintech companies from Hong Kong and Nigeria winning awards worth $200,000, as part of efforts to support innovation and market expansion within Saudi Arabia.
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