Islamic Finance

Cairo To Jeddah Sector Ranks 2nd Busiest International Route Of 2023

RIYADH: The Cairo to Jeddah sector has been ranked as the second busiest international route during 2023, with 4.8 milli... Read more

Saudi Online Marketplace Soum Closes $18m In A Series A Funding Round  

RIYADH: Saudi-based online marketplace specializing in secondhand products Soum has announced the closure of an $18 mil... Read more

Saudi HR Tech Firm Scalers Secures $1.8m Investment 

RIYADH: Saudi-based human resources technology startup Scalers secured SR7 million ($1.8 million) in a funding round led... Read more

Closing Bell: Saudi Main Index Dips To Close At 11,621

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 80.97 points, or 0.69 percent, to close at 1... Read more

Qatars Industrial Production Index Rises 1.7% 

RIYADH: Qatar’s Industrial Production Index experienced an uptick in the third quarter of 2023 to reach 105.08 points,... Read more

Qiddiya Announces The Launch Of Its Gaming And Esports District

RIYADH: Developers of the Qiddiya mega-project in Riyadh announced the launch of the site’s Gaming and Esports Distric... Read more

Alkhorayef Meets Korean Company Executives To Boost Industrial Ties 

RIYADH: Industrial ties between Saudi Arabia and Korea are set to strengthen following the meeting of Saudi Industry and... Read more

Saudi Arabia And China To Boost Aquaculture Sector Investments

RIYADH: Investments in the aquaculture sector between Saudi Arabia and China are poised for growth, with discussions tak... Read more

Saudi Arabia And Thailand Forge Strategic Partnership For Economic Growth 

RIYADH: Saudi Arabia and Thailand are collaborating to enhance innovation and entrepreneurship, strengthening their bila... Read more

Closing Bell: Saudi Main Index Continues Upward Trend As Trading Turnover Hits $2.2bn

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the fifth consecutive day on Thursday... Read more

Shenzhen, Abu Dhabi Exchanges Link Up As China, Middle East Move Closer 

SHANGHAI: The stock exchange in China's city of Shenzhen and the Abu Dhabi securities exchange agreed to promote cross-b... Read more

Saudi Arabia Commits $2.5m For Global Cancer Treatment Advancement 

RIYADH: Low- and middle-income countries are set to benefit from increased accessibility to radiotherapy as Saudi Arabia... Read more

GCC Central Banks Keep Interest Rates Unchanged, Mirroring Feds Move    

RIYADH: Central banks in the Gulf Cooperation Council region have kept their interest rates unchanged, following the dec... Read more

Saudi Ports Grow In UN Shipping Index With Expanded Services And Container Handling

RIYADH: The introduction of new cargo services and significant progress in container handling has propelled the Saudi Po... Read more

Aramco Turns To AI, Big Data To Maximize Profit, Says Top Executive

DUBAI: Saudi oil giant Aramco is boosting its big data and artificial intelligence unit that links up its assets to help... Read more