Islamic Finance

Saudi Private Sector Reflects Steady Expansion In Q3

RIYADH: Corporate stability helped Saudi Arabia’s private sector maintain its continued expansion in the third quarter... Read more

Deal Worth $27m To Give New Impetus To Saudi-Australian Business Ties

RIYADH: Business ties between Saudi Arabia and Australia are set to gain momentum following the signing of a significant... Read more

Jeddah Airport Tops Kingdoms October Performance Rankings: GACA

RIYADH: Saudi Arabia’s King Abdulaziz International Airport outperformed other terminals in the Kingdom for overall pe... Read more

Saudi Arabia At Forefront Of Sustainability Initiatives In GCC: Report

RIYADH: Saudi Arabia, the UAE and Qatar are at the forefront of leading sustainability initiatives in the Gulf Cooperati... Read more

Petromin Corp. Launches First EV Maintenance Center In The Kingdom  

RIYADH: Saudi automotive services firm Petromin Corp. has introduced a hybrid and electric vehicle maintenance network a... Read more

UAEs Tawazun Council Inks $1.41bn In Deals On Day 3 Of Dubai Airshow

RIYADH: The UAE’s defense and security acquisitions authority inked eight new deals valued at 5.18 billion dirhams ($1... Read more

Saudi Arabias Crude Production Rose To 8.98m Bpd In September: JODI Data

RIYADH: Saudi Arabia’s crude production increased to 8.98 million barrels per day in September, a rise of 57,000 bpd o... Read more

Duqm Refinery One Of 6 Projects Totaling $10.3bn completed By Oman Investment Authority

RIYADH: An oil refinery is one of six major national projects completed by Oman’s Investment Authority, with a value ... Read more

MENA To Pioneer Sustainable Construction With $2tn Investment, Generate 4.3m Jobs

RIYADH: The Middle East and North Africa region is poised to lead in sustainable constructions, with a planned $2 trilli... Read more

Egypt Sells Stake In Tobacco Firm Eastern Co. To UAE Company 

CAIRO: Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset si... Read more

Qatar Wealth Fund Eyes Investment Opportunities In Chinas Retail, Tech Sectors

RIYADH: Qatar’s sovereign wealth fund is examining opportunities to invest in China’s retail, healthcare, tech and l... Read more

Saudi Arabia To Sign $533m Deals With Africa As PIF Plans Game-changing Announcements

Saudi Arabia is set to sign SR2 billion ($533 million) worth of agreements with African countries, the Kingdom’s finan... Read more

Saudi Arabias IPI Climbs 0.8% In September Driven By Mining And Quarrying

RIYADH: Saudi Arabia’s Industrial Production Index rose by 0.8 percent in September compared to August, primarily driv... Read more

Dubais Non-oil Sector Rises In October As PMI Hits 57.4 On Good Business Form

RIYADH: Dubai witnessed a strong rise in its non-oil activities during October, as its Purchasing Managers’ Index rose... Read more

Oil Updates – Crude Edges Up; Markets Shrug Off China Inflation Data, Eye Fresh Drivers

SINGAPORE: Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for furt... Read more