Home FINANCE Saudi Arabia’s adoption of fintech makes it an ideal DeFi hub, experts say

Saudi Arabia’s adoption of fintech makes it an ideal DeFi hub, experts say

by Press Room


RIYADH: Saudi Arabia’s banking sector led trading on the Kingdom’s stock exchange in 2024’s third quarter with a 15.14 percent market share, according to Tadawul’s latest report.

The industry was responsible for approximately SR67.5 billion ($18 billion) of transactions, ahead of the materials sector with SR60.2 billion, comprising 13.50 percent of the market. 

The energy sector had 9.12 percent share in this period, with value…



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