Islamic Finance

Saudi Arabia Makes Significant Moves In Semiconductor Sector With Strategic Investments

RIYADH: Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initi... Read more

Startup Wrap – Saudi And Egyptian Startups Lead Funding Activity

CAIRO: Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian star... Read more

Saudi Arabias Non-oil Exports Surge As Trade Ties With China Flourish

RIYADH: Saudi Arabia exported non-oil goods worth SR2.23 billion ($594 million) in May, representing a rise of 19.25 per... Read more

Saudi Arabias Startup Appeal Spans Across Diverse Sectors

Saudi Arabia’s business landscape has become a magnet for regional and global startups, with numerous growing companie... Read more

Closing Bell: Saudi Benchmark Index Drops To 11,667 

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 62.59 points, or 0.53 percent, to close at 1... Read more

Qiddiya Giga-project Set To Propel Saudi Arabias Entertainment Sector

RIYADH: The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expan... Read more

Omans Foreign Reserves Increased By 9% In May

RIYADH: By the end of May, Oman’s economic landscape displayed promising signs of growth and stability as its foreign ... Read more

ACWA Powers Net Profit Surges 35 Percent To $274m In H1

RIYADH: Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reach... Read more

Saudi Municipalities Offer 57 Investment Opportunities Across Commercial And Residential Sectors

RIYADH: Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across ente... Read more

Startup Wrap: AI Investments Flourish Across The Region

CAIRO: Increased awareness about the implications of artificial intelligence across the public and private sector is evi... Read more

Saudi Aramcos Expansion Strategy Providing Fuel For Vision 2030

RIYADH: Saudi oil giant Aramco’s robust integrated expansion strategy is helping to drive forward the Kingdom’s Visi... Read more

Dubais Residential Property Sales Surge More Than 33%, Reports Brokerage Firm

RIYADH: Dubai’s residential property sales saw a 33.5 percent annual increase in the first half of 2024 with 77,233 tr... Read more

GCC Investors Expected To Spend Over $4bn Annually In UK Commercial Property Market: BLME 

RIYADH: Gulf Cooperation Council-based investors are expected to commit over $4 billion annually in the UK commercial pr... Read more

Oil Updates – Prices Fall For Fourth Week As US Job Growth Disappoints

LONDON: Oil prices fell by more than $1 on Friday, remaining on course for a fourth successive weekly drop after data sh... Read more