(MENAFN) Saudi Arabia will be joining hands with the UAE on main areas, including cryptocurrencies, civil aviation and small and medium-sized enterprises (SMEs).
Seven plans were approved by the Executive Committee of the Saudi-Emirati Coordination Council during a meeting.
WAM news agency reported the seven initiatives to be consisting of a joint Saudi-Emirati pilot cryptocurrency.
Such initiative will be a decisive factor to recognize the effect of a central currency imposed on monetary policies.
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