Islamic Finance

Saudi SME Job Growth Hits 10-month High Amid Expansion Plans 

RIYADH: Saudi Arabia’s small and medium enterprises recorded their strongest employment growth in 10 months during Dec...

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Saudi Arabia Allocates $2.66bn to Activate Standard Incentives Program For The Industrial Sector

RIYADH: Saudi Arabia announced the allocation of SR10 billion ($2.66 billion) to activate the Standard Incentives Progra... Read more

Saudi Arabia De-risks Investments To Attract Foreign SMEs: Al-Falih

RIYADH: Saudi Arabia is de-risking investments for foreign small and medium-sized enterprises to encourage their entry i... Read more

Saudi Arabias New Incentive Program To Attract High-value Industrial Investments: Alkhorayef

RIYADH: Saudi Arabia is taking a flexible approach to distributing its SR10 billion ($2.66 billion) standardized incenti... Read more

Closing Bell: Saudi Main Index Rises To Close At 12,126

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 29.22 points, or 0.24 percent, to close at 12,1... Read more

Saudi Arabia Ranks 7th Globally In IPO Proceeds, Leads GCC Region

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s initial public offerings market in 2024, earning a global rank... Read more

Omans Import Price Index Up 1.1% In Q3 2024

RIYADH: Oman’s general index of import prices saw an increase of 1.1 percent in the third quarter of 2024 compared to ... Read more

Saudi Entertainment Authority Launches 3rd Startup Accelerator To Drive Innovation 

RIYADH: Saudi Arabia’s entertainment sector is set for growth as the General Entertainment Authority launches the thir... Read more

Video Game Industry Helping To Reshape Saudi Economy, Experts Say

RIYADH: The booming video game industry in Saudi Arabia is expected to play a crucial role in materializing the economi... Read more

Saudi Capital Market Strategy Set To Boost Growth, Transparency

RIYADH: Saudi Arabia’s Capital Market Authority has unveiled its ambitious 2024-2026 strategic plan, which aims to fu... Read more

Saudi Arabia, BlackRock Explore Collaborative Opportunities To Advance Vision 2030 Goals

RIYADH: A meeting between Saudi Arabia’s economy minister and the vice chairman of BlackRock focused on global economi... Read more

Saudi Arabias E-commerce Sector Sees 10% Growth, Official Figures Reveal

RIYADH: Saudi Arabia’s e-commerce sector saw its upward momentum continue in the fourth quarter of 2024, with 40,953 b... Read more

Saudi Aramco Increases February Oil Prices For Asia

RIYADH: Saudi Aramco has raised its crude oil prices for Asian customers in February, marking the first increase in thre... Read more

Jordans Total FDI Reaches $1.3bn, Reflecting Strong Investor Confidence 

RIYADH: Jordan’s foreign direct investment inflows rose 3.7 percent year on year in the third quarter of 2024, reachin... Read more

Oil Updates — Prices Hold At Three-month High On Stronger Demand

LONDON: Oil prices rose on Monday, remaining at their highest since mid-October as colder weather spurred buying while f... Read more