Saudi Arabia – DIGIT INFO

Saudi Arabia’s Crypto Market Projected to Reach $47.8 Billion by 2034

DIGIT — Mon, 13 Apr 2026 05:30:02 +0000

The Saudi Arabian cryptocurrency market is projected to grow from $24.9 billion in 2025 to $47.8 billion by 2034. Key Takeaways: SAMA is backing projects like mBridge to grow the market to $47.8 billion by 2034. High youth interest in DeFi and gaming is fueling a 7.51% annual growth rate for bitcoin. Future Vision 2030 […]

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Saudi Arabia’s East-West Pipeline Hits 7 Million Barrels Per Day as Hormuz Closure Enters Fifth Week

DIGIT — Sat, 28 Mar 2026 20:30:48 +0000

Saudi Arabia’s Petroline, the 1,200-kilometer crude pipeline connecting its eastern oil fields to the Red Sea, is now moving oil at its maximum rated capacity of 7 million barrels per day, offering a partial workaround to a Strait of Hormuz blockade that has cut normal traffic by an estimated 90 to 95%. Hormuz Crisis Week […]

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Ripple Secures Strategic Saudi Banking Partnership as Vision 2030 Fuels Fintech Boom

DIGIT — Tue, 27 Jan 2026 00:30:06 +0000

Ripple is pushing deeper into Saudi Arabia, teaming up with Riyad Bank’s innovation arm to advance blockchain adoption across payments, custody and tokenization as the Kingdom accelerates its Vision 2030 financial modernization drive. Ripple Ignites Saudi Fintech Ambitions Through Riyad Bank Innovation Alliance Ripple is partnering with Jeel, the innovation arm of Riyad Bank, to […]

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Beyond the Barrel: Saudi Arabia Strikes 7-Million-Ounce Gold Vein in Pivot From Oil

DIGIT — Thu, 15 Jan 2026 06:30:43 +0000

Saudi Arabia’s state-backed miner Ma’aden expanded its gold resource base by 7.8 million ounces through new discoveries and drilling across four regions, led by a 3M‑ounce increase at Mansourah Massarah. Multi-Commodity Potential in the Arabian Shield The Saudi Arabian Mining Company has reported a significant expansion of its gold resource base after adding more than […]

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New Saudi Discovery Reveals 11 Million Tonnes of Copper, Zinc, Gold, and Silver

DIGIT — Mon, 01 Dec 2025 02:30:45 +0000

Saudi Arabia has outlined a fresh trove of nearly 11 million tonnes of copper, zinc, gold, and silver resources in the Najran region, marking one of the Kingdom’s most intriguing early-stage mineral finds of the decade. Saudi Arabia Reports Major Polymetallic Discovery in Najran Region Saudi Arabia’s Almasane Al Kobra Mining Company (AMAK) has identified […]

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Saudi Arabia Launches National Blockchain Infrastructure for Real Estate Tokenization

DIGIT — Fri, 21 Nov 2025 07:30:00 +0000

Saudi Arabia’s Real Estate Registry has unveiled a national-scale blockchain infrastructure for real estate registration, fractionalization, and transactions. From Registry to Digital Marketplace Saudi Arabia’s Real Estate Registry (RER), under the supervision of the Real Estate General Authority (REGA), has unveiled a national‑scale blockchain infrastructure dedicated to real estate registration, fractionalization, and marketplace integration. Officials […]

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WhiteBIT Enters Saudi Market Through Major Digital Infrastructure Partnership

DIGIT — Tue, 18 Nov 2025 23:32:42 +0000

Cryptocurrency exchange WhiteBIT has signed a strategic cooperation agreement with Durrah AlFodah Holding, represented by His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud, to support Saudi Arabia’s expansion into blockchain, digital finance, and large-scale data infrastructure. Saudi Vision 2030 Gains Momentum With WhiteBIT Digital Infrastructure Collaboration The agreement, announced in […]

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Report: Saudi Arabia’s Stablecoin Initiative Wins Industry Confidence

DIGIT — Sun, 09 Nov 2025 23:30:12 +0000

Saudi Arabia’s government is preparing to introduce stablecoins under national regulation, drawing praise from global crypto exchanges that see the Kingdom’s move as a milestone for digital finance. Saudi Arabia Eyes Stablecoin Launch According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural […]

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XRP Gains Nasdaq Traction as Vivopower Launches Saudi-Backed XRP Treasury Plan

DIGIT — Thu, 29 May 2025 23:35:50 +0000

XRP storms into institutional finance as Vivopower launches a strategic XRP treasury play, deploying $121 million to anchor XRPL growth with Saudi-backed momentum. Nasdaq-Listed Vivopower Ignites XRP Treasury Strategy Backed by Saudi Royalty Vivopower International PLC (Nasdaq: VVPR) announced on May 28 that it is pioneering a groundbreaking initiative to establish the world’s first publicly […]

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Hackers Impersonate Saudi Crown Prince to Launch Fake Memecoin

DIGIT — Mon, 17 Feb 2025 23:30:13 +0000

Hackers compromised the X account of the Saudi Law Conference to promote a fake memecoin called KSA. KSA Memecoin Fails to Gain Traction On Feb. 17, hackers impersonating Saudi Arabia’s Crown Prince Mohammed bin Salman launched a fake memecoin called KSA. The launch was announced on the X account of the Saudi Law Conference, which […]

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