China–UAE News
Saudi Central Bank Concludes mBridge Role Amid China Cross-Border Payment Initiative
Saudi Arabia announced on September 19, 2026, that it had completed its participation in the China-led mBridge CBDC initiative over a year prior. The Saudi Central Bank stated its involvement was limited to the proof-of-concept phase finished in May 2025. An analysis by Small Wars Journal noted that technical participation in emerging payment systems does not ensure long-term geopolitical alignment.
