Islamic Finance

Saudi Arabia, Russia Stress Need For OPEC+ To Commit To Deal

RIYADH: Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin stressed in their meeting in Riyadh ... Read more

Saudi Jobs Boom Unmatched Anywhere In The World, Budget Forum Told

RIYADH: Some 1.1 million new jobs have been created in Saudi Arabia in the past year as the Kingdom’s economic diversi... Read more

Oil Updates – Crude Rebounds From Six-month-low But Demand Concerns Linger

BEIJING/SINGAPORE: Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous sessio... Read more

Saudi Crown Prince Reveals Urban Plan And Branding For Qiddiya City Megaproject

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Thursday revealed the urban plan and global branding for Qi... Read more

Closing Bell: TASI Ends Green At 11,225 Points With $1.62bn Trading Volume 

RIYADH: Saudi Arabia’s Tadawul All Share Index experienced a slight rise on Thursday, gaining 51.33 points, or 0.46 pe... Read more

Saudi-Vietnamese Joint Committee Explores Ways To Boost Trade

RIYADH: Trade exchange between Saudi Arabia and Vietnam is on course to prosper following discussions in a ministerial m... Read more

Central Bank Of UAEs Assets Rise 1.3% To $1.08tn

RIYADH: Total assets held by the Central Bank of UAE rose to $3.95 trillion dirhams ($1.08 trillion) by the end of Septe... Read more

Middle East Air Carriers profit To Hit $3.1bn In 2024: IATA

RIYADH: The profit of air carriers operating in the Middle East is expected to hit $3.1 billion in 2024, representing a... Read more

Turkish Banks Secure $40m Murabaha Deal With ITFC To Boost Private Sector Financing  

RIYADH: Turkiye’s private sector is poised to benefit from Murabaha financing, with two of the country’s banks signi... Read more

Africa Needs $87bn Annually To Adapt to Climate Change: UN Official

RIYADH: Africa needs $87 billion annually to implement programs enhancing the continent’s adaptation to climate chang... Read more

Brazil Presidents Saudi Visit Shows Desire For Stronger Ties

SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation of ministers and businesspeople s... Read more

Saudi Arabia Extends 1 Million Bpd Voluntary Cuts Until Q1 2024

RIYADH: Saudi Arabia on Tuesday decided to extend its voluntary crude output cuts of 1 million barrels per day until the... Read more

Saudi Aramco Sets LPG Contract Prices For December

RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, kept the official selling prices for liquefied petroleum ... Read more

Closing Bell: Saudi Main Index Rises To Close At 11,177 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 74.43 points, or 0.67 percent, to close at 1... Read more

Saudi Arabia Railways, Al-Jabr Enter 4-year Vehicle Transport Deal 

RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by tr... Read more