Islamic Finance

ACWA Power Signs Seven Agreements With Chinese Entities  

RIYADH: Saudi Arabia’s utility company ACWA Power has entered into seven cooperation agreements with various Chinese f... Read more

Deal Signed To Boost Financing Options For Saudi SMEs

RIYADH: Saudi Arabia’s SME Bank and Export Development Authority have signed a deal to boost financing options for sma... Read more

Almost 40 Saudi Companies To Showcase Local Products At GITEX

RIYADH: Prominent Saudi communications and information technology companies are assembling at the world’s largest gat... Read more

Saudi Arabia, Singapore Strengthen Economic Ties With 7 MoUs 

RIYADH: Saudi Arabia and Singapore have signed seven memorandums of understanding  to facilitate investment opportuniti... Read more

Qatar Signs 27-year Gas Deal With Britains Shell 

DOHA: Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate’s state-owned ener... Read more

Fair Financing, Cooperation Urged For A Just Energy Transition

RIYADH: A “just transition” to net-zero emissions needs fairer financing and cooperation, a senior director at the O... Read more

MENA Carbon Market Likely To Reach Around 150m Tons By 2030

RIYADH: Expressing her optimism about the prospects of voluntary carbon capture, the CEO of Regional Voluntary Carbon Ma... Read more

Aramco In Talks For 10% Stake In Shandong Yulong Petrochemical 

RIYADH: Saudi Aramco has signed a provisional acquisition agreement for a 10 percent stake in Chinese firm Shandong Yulo... Read more

CMA Chairman Calls For Proactive Steps To Meet Labor Market Challenges

RIYADH: The labor market has become increasingly volatile, with around 23 percent of jobs projected to undergo significa... Read more

UAE Eyes Free Trade Deals With 6 More Countries By End Of 2023

RIYADH: The UAE is hoping to secure free trade deals with six more countries by the end of 2023 after inking an agreeme... Read more

Closing Bell: Saudi Bourses Slip; ADES Holding Shines On Debut

RIYADH: Amid market uncertainties, Saudi Arabia’s Tadawul All Share Index slightly slipped on Wednesday, as it shed 67... Read more

ACWA Power Achieves Financial Closure Of $14bn In Last 12 Months

RIYADH: Having initiated projects in the renewables, green hydrogen and water desalination sectors, Saudi Arabia’s ACW... Read more

Saudi Arabia Records 12% Surge In E-commerce Registrations

RIYADH: Saudi Arabia is seeing steady growth in e-commerce businesses, with the total number of registered firms touchin... Read more

Saudi Arabia Joins Global Body To Boost Deployment Of Carbon Capture, Storage

RIYADH: Saudi Arabia will be able to call on global expertise as it seeks to drive up its carbon capture and storage sec... Read more

Riyadh To Witness Third-highest Rise In Centimillionaires Globally By 2033, Report Says 

RIYADH: Saudi Arabia’s capital is expected to experience an 85 percent rise in centimillionaire residents over the nex... Read more