Islamic Finance

Shenzhen, Abu Dhabi Exchanges Link Up As China, Middle East Move Closer 

SHANGHAI: The stock exchange in China's city of Shenzhen and the Abu Dhabi securities exchange agreed to promote cross-b... Read more

Saudi Arabia Commits $2.5m For Global Cancer Treatment Advancement 

RIYADH: Low- and middle-income countries are set to benefit from increased accessibility to radiotherapy as Saudi Arabia... Read more

GCC Central Banks Keep Interest Rates Unchanged, Mirroring Feds Move    

RIYADH: Central banks in the Gulf Cooperation Council region have kept their interest rates unchanged, following the dec... Read more

Saudi Ports Grow In UN Shipping Index With Expanded Services And Container Handling

RIYADH: The introduction of new cargo services and significant progress in container handling has propelled the Saudi Po... Read more

Aramco Turns To AI, Big Data To Maximize Profit, Says Top Executive

DUBAI: Saudi oil giant Aramco is boosting its big data and artificial intelligence unit that links up its assets to help... Read more

Saudi Arabia, Russia Stress Need For OPEC+ To Commit To Deal

RIYADH: Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin stressed in their meeting in Riyadh ... Read more

Saudi Jobs Boom Unmatched Anywhere In The World, Budget Forum Told

RIYADH: Some 1.1 million new jobs have been created in Saudi Arabia in the past year as the Kingdom’s economic diversi... Read more

Oil Updates – Crude Rebounds From Six-month-low But Demand Concerns Linger

BEIJING/SINGAPORE: Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous sessio... Read more

Saudi Crown Prince Reveals Urban Plan And Branding For Qiddiya City Megaproject

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Thursday revealed the urban plan and global branding for Qi... Read more

Closing Bell: TASI Ends Green At 11,225 Points With $1.62bn Trading Volume 

RIYADH: Saudi Arabia’s Tadawul All Share Index experienced a slight rise on Thursday, gaining 51.33 points, or 0.46 pe... Read more

Saudi-Vietnamese Joint Committee Explores Ways To Boost Trade

RIYADH: Trade exchange between Saudi Arabia and Vietnam is on course to prosper following discussions in a ministerial m... Read more

Central Bank Of UAEs Assets Rise 1.3% To $1.08tn

RIYADH: Total assets held by the Central Bank of UAE rose to $3.95 trillion dirhams ($1.08 trillion) by the end of Septe... Read more

Middle East Air Carriers profit To Hit $3.1bn In 2024: IATA

RIYADH: The profit of air carriers operating in the Middle East is expected to hit $3.1 billion in 2024, representing a... Read more

Turkish Banks Secure $40m Murabaha Deal With ITFC To Boost Private Sector Financing  

RIYADH: Turkiye’s private sector is poised to benefit from Murabaha financing, with two of the country’s banks signi... Read more

Africa Needs $87bn Annually To Adapt to Climate Change: UN Official

RIYADH: Africa needs $87 billion annually to implement programs enhancing the continent’s adaptation to climate chang... Read more