Islamic Finance

Climate Change Discussion Needs To Be Led By logic not Emotion, Saudi Official Says

RIYADH: Climate change discussions have grown increasingly emotional and are often overshadowed by “hypocrisy,” acco... Read more

Fed Keeps Interest Rates Unchanged, Acknowledges Economic Strength

WASHINGTON:The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in b... Read more

Saudi Arabias Non-oil Revenues Jump By 53% In Q3

RIYADH: Saudi Arabia’s oil revenues amounted to SR147 billion ($39 billion) in the third quarter of 2023, the Ministry... Read more

Global Security Hubs In Saudi Arabia Will Strengthen Efforts To Tackle Cybercrimes: SAMI CEO

RIYADH: Establishing “global or regional” command and control centers in Saudi Arabia to counter cyber threats is se... Read more

Aramco Chief Calls For Innovation Backed By Cybersecurity Regime

RIYADH: The energy sector is notably susceptible to cybersecurity attacks by new technologies, warns Aramco CEO. In an... Read more

Iran And Iraq Pledge To Forge Stronger Trade Ties During Official Visit

RIYADH: Iran and Iraq have underscored the importance of using their national currencies to boost trade exchanges during... Read more

Closing Bell: TASI Up For Fourth Consecutive Day, SAL Logistics Makes Strong Debut

RIYADH: Saudi Arabia’s Tadawul All Share Index extended its four-day winning streak on Wednesday, with a boost from th... Read more

Microsoft CEO Says Saudi Arabia Using AI In Unique Ways To Accelerate Productivity 

RIYADH: Saudi companies’ push toward artificial intelligence has increased their productivity, driven innovation and c... Read more

Projects Launched To Boost Jubail Ports Capacity, Performance

RIYADH: In a move to enhance the transport and logistics sector, the governor of Saudi Arabia’s Eastern Province unvei... Read more

Global Health Exhibition In Riyadh sees Deals Worth $3.55bn

RIYADH: Agreements worth SR13.3 billion ($3.55 billion) across 138 deals were signed at the three-day Global Health Ex... Read more

New Murabba Development Co. Open To Exploring Alternative Equity, IPO Markets

RIYADH: Saudi Arabia’s New Murabba Development Co. is open to tapping into the alternative equity and initial public o... Read more

Saudi Arabias Construction Pipeline For Next 8 Years Is Worth $2.1tn: Top Executive 

RIYADH: Saudi Arabia’s construction sector has projects worth SR8 trillion ($2.1 trillion) in the pipeline for the nex... Read more

Oil Updates — Crude dips As Economic Concerns Offset Middle East Supply Worries

RIYADH: Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle Eas... Read more

Maaden Partners With Princess Reemas Oceans Initiatives To Safeguard Maritime Assets 

RIYADH: Saudi mining company Ma’aden has announced a partnership with the oceans initiatives WAVE to contribute to the... Read more

Saudi Tourism Shows Strong Growth With Low Environmental Impact: Report 

RIYADH: Saudi Arabia’s tourism industry is making significant strides, contributing 6.4 percent to the annual gross do... Read more