Islamic Finance

Maaden Achieves Global Recognition For Ultra-low Carbon Ammonia Production

RIYADH: Saudi Arabian Mining Co. has secured international recognition with a certificate for producing 614,000 tons of ... Read more

Sustainable Future For Mining Industry Requires Value Chain Integration, Experts Say 

RIYADH: A sustainable future for the value chain within the mining industry hinges on an integrated system that involves... Read more

Saudi Arabia, Canada Agree To Re-exchange Trade Delegations

RIYADH: Saudi Arabia and Canada have agreed to re-exchange trade delegations after it was suspended for five years.  ... Read more

AI Will Help Find High-potential Mining Targets In Worlds First Geoscience Data Analytics Center

RIYADH: Saudi Arabia is set for a groundbreaking technological venture in the mining sector with the launch of the Geosc... Read more

Al-Habtoor Group Initiates Legal Action Against Lebanon Over Investment Treaty Breaches 

  RIYADH: Business conglomerate Al-Habtoor Group has issued a formal notice against Lebanon for violating its bilater... Read more

Oil Updates – Prices Higher On Fed Comments On Inflation, Middle East Tensions

LONDON: Oil prices gained on Friday, after minutes from a Federal Reserve meeting suggested inflation was under control... Read more

Global Markets – Stocks Set To Snap 9-week Winning Streak On Interest Rate Rethink

LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the doll... Read more

World Food Price Index Ends 2023 Some 10 Percent Below 2022 Levels

LONDON: The UN food agency’s world price index ended last year about 10 percent below its 2022, with values in Decembe... Read more

Saudi Arabia Issued 130 Industrial Licenses In November 2023

RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 130 industrial licenses in November 2023, com... Read more

Saudi Health Insurance Sector Eyes 25m Beneficiaries By 2030: Report

RIYADH: Health insurance companies in Saudi Arabia are looking to extend their coverage to 25 million beneficiaries by 2... Read more

Closing Bell: Saudi Main Index Rises To Close At 12,145 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 216.56 points, or 1.82 percent, to close at 1... Read more

Abu Dhabi Unveils MEAs First Processing Facility For Enzyme-based Fuel Additives 

RIYADH: Abu Dhabi has unveiled the first advanced facility in the Middle East and Africa for treating fuel additives, ai... Read more

Shipping Volume In Suez Canal Drops 28% after Disruptions

RIYADH: Shipping volume in the Suez Canal dropped 28 percent year on year in the 10 days ending Jan. 2, official data ha... Read more

Saudi Arabia Gives Green Light To 2024 Annual Borrowing Plan

RIYADH: The Saudi finance minister has officially approved the Kingdom’s annual borrowing plan for 2024, covering vari... Read more

Saudi Companies Brace For Increased Energy Bills As Aramco Raises Prices

RIYADH: Several companies in Saudi Arabia announced expectations of higher energy bills following Aramco raising its pr... Read more