Rift widens as Saudi Arabia scrutinises UAE bank transfers

Riyadh: Saudi Arabia has quietly subjected bank transfers bound for the United Arab Emirates (UAE) to the kind of enhanced scrutiny normally applied to high-risk countries, pointing to a deepening rift between the two Gulf powers. Reuters reported, citing three sources with direct knowledge of the move, that Saudi Arabia’s central bank had this year directed major ... Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .