Islamic Finance

Saudi Economics Association Elects New Governing Board  

RIYADH: In a bid to drive depth and agility in macroeconomic and microeconomic learning, King Saud University on Tuesday... Read more

Closing Bell: Saudi Main Index Slips 31 Points To Close At 11,376

RIYADH: Saudi Arabia’s Tadawul All Share Index lost 30.90 points, or 0.27 percent, to close at 11,377.55 on Tuesday. ... Read more

Oil Updates — Crude Dips On Possible Easing Of Tight Supply, China Woes Hurt Demand Outlook

SINGAPORE: Oil edged lower on Tuesday as the market waited to see if Iraqi exports through the Ceyhan oil terminal would... Read more

Egypts unemployment Rate Drops Slightly To 7% In Q2 

RIYADH: Egypt’s unemployment rate edged down to 7 percent in the second quarter of 2023, a marginal decrease of 0.1 pe... Read more

Commerce Ministry Clarifies Financial Statement Procedures For Joint-stock Firms 

RIYADH: Saudi Arabia is working toward improving transparency and bolstering corporate governance, with the Commerce Min... Read more

Bahrain, Oman Ink Deal To Exchange Credit Information To Reduce Funding Risks

RIYADH: Bahrain and Oman have agreed to exchange corporate credit information among their business to instill transparen... Read more

Saudi Arabia Is Largest Islamic Finance Market With Assets Over $830bn: SAMA Chief 

RIYADH: Saudi Arabia is the largest Islamic finance market, with total assets exceeding SR3.1 trillion ($830 billion), r... Read more

Saudi Ceer, Siemens Partner To Propel EV Manufacturing  

RIYADH: Engineering operations involved in the design of electric vehicles in Saudi Arabia will receive a boost thanks t... Read more

Global Wealth Projected To Rise 38% By 2027, Despite Recent Decline: Study

ZURICH: Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to... Read more

Emirates Adds New London Flights to Meet Busy Winter Season Demand

LONDON: Emirates airline has announced plans to introduce an additional five weekly flights from Dubai to London startin... Read more

KAUST Signs MoU To Accelerate Adoption Of Sustainable Energy Solutions

JEDDAH: King Abdullah University of Science and Technology has signed a memorandum of understanding with a key player in... Read more

Saudi Arabias Equity Market Drives MENA Upwards In Q2

RIYADH: The equity market in the Middle East and North Africa region witnessed a rebound in the second quarter of 2023 w... Read more

Oman LNG Partners With German Firm To Expand Global Footprint 

RIYADH: In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German compa... Read more

Saudi Exports Organizes Trade Mission To Iraq To Boost Commerce

RIYADH: In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Author... Read more