Islamic Finance

Saudi Arabia Grants Chinese Firms Licenses To Practice Logistics Activities 

RIYADH: Several Chinese firms will now be able to practice logistics activities in Saudi Arabia thanks to licenses grant... Read more

Boutique Group Identifies Three More Palaces For Conversion Into Ultra-luxury Hotels

ABU DHABI: Boutique Group, Saudi Arabia’s newly launched top-tier hospitality brand, has identified three more palaces... Read more

Elaf Groups Expansion Strategy Foresees Growth In Saudi Arabias Hospitality Sector 

ABU DHABI: The hospitality sector in Saudi Arabia is poised for further growth as the Elaf Group plans to add 5,000-6,00... Read more

Saudi Tourism Strategy Bearing Fruit As Revenue Hits $9.8bn In Q1 Of 2023, Says Official

ABU DHABI: As the world emerges from the shadows of the COVID-19 pandemic, Saudi Arabia is unveiling its true potential ... Read more

Increasing Connectivity To Play Crucial Role In Saudi Arabias Tourism Growth, Says Minister  

RIYADH: Saudi Arabia recognizes the importance of connectivity in fostering the growth of its tourism sector, stated Sau... Read more

No-show By Nissan Executives In Carlos Ghosn Hearing

In the trial which started on Monday in Lebanon in a case filed by former Nissan Motor Co. Chairman Carlos Ghosn, neithe... Read more

Saudi Minister Says Vision 2030 Aligns With UN SDGs

RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top gov... Read more

Tokyo Event Showcases Saudi Arabias NEOM 

TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Minist... Read more

Closing Bell – Saudi Arabias Main Index Marginally Slips To Close At 11,061 

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 po... Read more

Saudi Arabias HRDF To Join International Cybersecurity Organization

RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund rec... Read more

HSBC Allocates $1bn To Back Early-stage Climate Tech Startups 

RIYADH: In a move aimed at bolstering global sustainability efforts, HSBC has committed to providing $1 billion in finan... Read more

Flydubai Sees Record Number Of Passengers Over The Summer

RIYADH: The UAE-based flydubai airline recorded a historic increase in its seasonal operations by carrying over 4 milli... Read more

PIF Supporting Real Estate Renaissance In Saudi Arabia

RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investmen... Read more

Abdul Latif Jameel Picks Amazon As Its Digital Transformation Partner  

RIYADH: In a significant step toward its digital transformation efforts, Abdul Latif Jameel, a family-owned business gro... Read more

PIF-backed ADES Sets Offering Price At $3.60 Per Share: Report 

RIYADH: ADES Holding Co., partially owned by Saudi Arabia’s Public Investment Fund (PIF), has reportedly set the final... Read more