Saudi, UAE central banks to launch common digital currency called ‘Aber’. United Arab Emirates
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) announced the launch of a common digital currency called ‘Aber’, which will be used in financial settlements between the two countries through Blockchain and Distributed Ledgers technologies. The initiative, was among the seven strategic initiatives that was announced on January 19, more

Egypt denies rumours on issuing 500-pound banknote. Egypt
The Central Bank of Egypt (CBE) has pointed out yesterday that they have no intention to issue a new 2500-Egyptian pound bank note. Another fake news was about issuing 500-pound bank notes, which became viral on social media networks, and was a groundless report. According to CBE’s statement, complex economic procedures and strict international security more

National Bank of Rwanda issues new 1000 and 500 Rwandan Francs. Rwanda
In Rwanda, President Paul Kagame has endorsed a presidential order issuing new banknotes of One Thousand Rwandan Francs(Rwf 1000)and Five  Hundred Rwandan Francs(Rwf 500) as legal tender. The old bank notes (since 2015) will be replaced by the new banknotes announced by National Bank of Rwanda. The National Museum of Rwanda is presented on the more