Islamic Finance

Saudi Industry Ministry Launches Program To Implement Basic Digitization Solutions

RIYADH: In a bid to push digitization efforts in Saudi Arabia, the Ministry of Industry and Mineral Resources has launch... Read more

Bank Of China Opens First Branch In Saudi Capital

RIYADH: In a sign of growing cooperation between Saudi Arabia and China, one of the Asian country’s four biggest state... Read more

Abu Dhabi Exports Office Signs $100m Deal With Egyptian Bank To Boost UAE Exports  

RIYADH: In a move aimed at reinforcing economic and trade relations between the UAE and Egypt, Abu Dhabi Exports Office,... Read more

Maaden secures Exploration Licenses For Key Mining Sites 

RIYADH: In a bid to expedite its exploration initiative, the Saudi Arabian Mining Co., also known as Ma’aden, ha... Read more

Emirates, United Expand Partnership To Include 9 New Destinations In Mexico 

RIYADH: Customers of UAE flag carrier Emirates airline will now have access to nine new destinations in Mexico thanks to... Read more

The Growth And Potential Of Islamic Finance In Global Markets

The growth and potential of Islamic finance in global markets is a subject that draws attention from economists and fina... Read more

Egypt aims To Raise $5bn Through State IPO Program By Mid-2024  

RIYADH: The Egyptian government has set its sights on raising $5 billion through the upcoming offering of power plants... Read more

Riyadh To Host Business Event In September To Drive MICE Industry  

RIYADH: Saudi Arabia is gearing up to bolster its meetings, incentives, conferences, and exhibitions sector with the lau... Read more

Saudi Arabia Topped G20 In Energy Subsidy Spending: IMF  

RIYADH: Saudi Arabia spent the most per capita on energy subsidies — $6,996 — among the G20 economies last year, acc... Read more

Oil Updates — Crude Rises On Large US Stockpile Draw, Hurricane Jitters 

SINGAPORE: Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the US... Read more

Kuwait Plans To Invest In UKs Top Priority Sectors Over Next 5 Years    

RIYADH: The UK economy is set to receive a considerable boost over the next five years following the signing of an inves... Read more

Saudi Cabinet OKs New System For Agriculture Fund to Ensure Food Security

RIYADH: The Saudi Cabinet, chaired by King Salman at Al-Salam Palace in Jeddah on Tuesday, approved the Agriculture Deve... Read more

Closing Bell: Saudi Main Index Closes Slightly Lower At 11,442

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, losing 21.70 points, or 0.19 percent, to close at ... Read more

Riyadh Air Partners With Colleges Of Excellence To Empower Saudi Aviation Talent

RIYADH: Riyadh Air, Saudi Arabia’s newly established national carrier, has signed a memorandum of understanding wit... Read more

Future Of Gaming Industry In The Spotlight As Key Forum Set To Begin In Riyadh

RIYADH: Key players of the fast-growing esports and gaming industry will converge on Riyadh for the second Next World Fo... Read more