Islamic Finance

UAEs Healthcare Sector Sets Global Benchmark In Medical Services And Innovation

RIYADH: The UAE’s healthcare sector continues to lead regionally and globally in medical services and scientific achie... Read more

SAMA Permits 2 Fintech Firms To Offer Flexible Consumer Spending Options

RIYADH: Saudi shoppers can soon find more flexible payment options with two more buy now, pay later companies entering t... Read more

World Comes Together To Tackle Climate Issues In Helsinki

HELSINKI: Climate change, pollution, excess waste, renewable energy and more were on the agenda as expert speakers, envi... Read more

Saudi Real Estate Refinance Co. Issues $933m In Sukuk To Spur Liquidity In Realty Market

RIYADH: The Kingdom’s housing market will get a fresh stream of liquidity, with Saudi Real Estate Refinance Co. announ... Read more

Beverly Hills Firm Explores Opportunities To Develop Tourist Destinations In Saudi Arabia

RIYADH: US-based destination marketing company Beverly Hills Conference & Visitors Bureau is exploring partnerships... Read more

Oil Updates — Prices Broadly Steady Amid OPEC+ Supply Cut Uncertainty, Demand Worries

LONDON: Oil prices were stable on Friday, as the market weighed conflicting messages on supply from Russia and Saudi Ara... Read more

US Money Market Funds See Big Inflows Amid Debt Ceiling Caution

BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadli... Read more

Visa Launches Initiative To Support Women Entrepreneurs In Saudi Arabia

RIYADH: In a bid to support women-owned small businesses in Saudi Arabia, Visa has launched the second edition of its Sh... Read more

Saudi Arabia, Iraq To Develop Special Economic Zone, Boost Trade

JEDDAH: Saudi Arabia and Iraq on Thursday signed a raft of agreements to boost economic cooperation and develop a specia... Read more

Saudi Venture Capital Invests $7.5m To Back SMEs, Startups

RIYADH: Entrepreneurs in Saudi Arabia are set to benefit from an investment of $7.5 million by Saudi Venture Capital int... Read more

Saudi Payments Honored For Best Transaction Experience In 2023

RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Ma... Read more

British Business Secretary Excited By Progress Of GCC-UK Free Trade Deal Talks

RIYADH: Recently appointed British Secretary of State for Business and Trade Kemi Badenoch has highlighted the progress ... Read more

Saudi Low-cost Airline Flyadeal Hikes Daily Flights Between Riyadh And Dubai 

RIYADH: In order to meet the growing travel demand between Riyadh and Dubai, flyadeal is going to increase daily flights... Read more

Saudi Arabias PIF Announces $3bn Investment Unit For Iraq 

RIYADH: Aligning with its strategy to seek new investments in the Middle East and North Africa region, Saudi Arabia’s ... Read more

Saudi Minister Says Energy Cooperation With Arab, OPEC+ Countries Integral To Global Oil Markets

JEDDAH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said the Kingdom’s interest in energy cooperat... Read more