Islamic Finance

RCU Showcases Environmental, Social, And Economic Milestones In 1st Annual Sustainability Report

RIYADH: The Royal Commission for AlUla has unveiled its first Annual Sustainability Report, marking a milestone in the c... Read more

Saudi Startup Ecosystem Accounts For 60% Of Regional Funding In September

CAIRO: Saudi Arabia’s startup ecosystem accounted for 60 percent of the Middle East and North Africa region’s fundin... Read more

Corporate Activities Drive Saudi Bank Loans To Highest Growth Rate In 18 Months

RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth rate of 12.1... Read more

Arab Markets See Growth In Select Exchanges Amid Overall Regional Declines In September: AMF

RIYADH: A smattering of Arab markets saw positive growth in September, despite an overall decline for the region, accord... Read more

Oil Updates – Crude Steadies, But On Track For Biggest Weekly Loss In Over A Month

LONDON: Oil futures steadied on Friday after data showed a fall in crude and fuel inventories in the US and the emergenc... Read more

Saudi Startups See Rapid Growth Amid Digital And E-commerce Boom: LinkedIn

RIYADH: Saudi Arabia’s top 10 startups are showing rapid growth and strong innovation across key sectors, including di... Read more

Consumers In Saudi Arabia Dial Up Electronics Spending, Latest POS Data Reveals

RIYADH: Consumers in Saudi Arabia spent SR247.2 million ($65.8 million) on electronics from Sept. 15 to 21, reflecting ... Read more

Oil Updates – Crude Declines As Investors Weigh Whether New China Stimulus Will Boost Demand

BENGALURU: Oil prices fell more than 1 percent on Wednesday as investors reassessed whether China’s latest stimulus pl... Read more

OPEC Boosts Long-term Oil Demand Outlook, Driven By Developing World Growth

LONDON/RIO DE JANEIRO: OPEC has raised its forecasts for world oil demand for the medium and long term in an annual outl... Read more

Saudi Arabias Non-oil Exports Climb 19% In July: GASTAT 

RIYADH: Saudi Arabia’s non-oil exports surged by 19.04 percent to reach SR25.38 billion ($6.76 billion) in July, compa... Read more

Bailout: Pakistan Thanks Saudi Arabia, UAE, China For Support Ahead Of IMF Meeting

ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday Pakistan had met the “tough conditions” set by the Intern... Read more

Closing Bell: Saudi Main Index Gains 75 Points To End At 12,343

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 75.3 points, or 0.61 percent, to close at 12... Read more

Saudi Arabia To Host Global Logistics Forum In October 

RIYADH: Saudi Arabia's transportation and supply chain sector evolution will be a central topic as top leaders discuss ... Read more

New Customs Agreement To Boost UAE, US Economic Ties

RIYADH: The economic partnership between the UAE and the US is poised for significant expansion with the introduction of... Read more

KAUST, Abdul Latif Jameel Motors Strike Deal With Toyota To Advance Hydrogen Fuel Research  

JEDDAH: Saudi Arabia will accelerate hydrogen fuel cell research after two local entities joined with Toyota Motor Corp.... Read more