Liquidity in Saudi Arabia, measured by broad money supply (M3), rose to more than SAR3.289 trillion ($876.85 billion) by the end of February, up 8.4% year on year.
Global telecom major Ericsson and Mastercard have announced a collaboration to reshape how money moves across the world. It is aimed at empowering telecom service providers, banks, and fintechs to expand digital wallet capabilities and reach unbanked or underbanked communities.