Islamic Finance

Emirates Adds New London Flights to Meet Busy Winter Season Demand

LONDON: Emirates airline has announced plans to introduce an additional five weekly flights from Dubai to London startin... Read more

KAUST Signs MoU To Accelerate Adoption Of Sustainable Energy Solutions

JEDDAH: King Abdullah University of Science and Technology has signed a memorandum of understanding with a key player in... Read more

Saudi Arabias Equity Market Drives MENA Upwards In Q2

RIYADH: The equity market in the Middle East and North Africa region witnessed a rebound in the second quarter of 2023 w... Read more

Oman LNG Partners With German Firm To Expand Global Footprint 

RIYADH: In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German compa... Read more

Saudi Exports Organizes Trade Mission To Iraq To Boost Commerce

RIYADH: In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Author... Read more

Closing Bell: TASI Dips For 2nd Day In A Row, Closes At 11,413 

RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the second consecutive session as it shed 80.94 points, or ... Read more

Saudi Womens Market Participation Surges 20%: GASTAT  

RIYADH: Saudi Arabia’s drive to encourage female participation in the public and private sector has resulted in the t... Read more

Moodys Assigns Baa1 Rating With Stable Outlook To Maaden 

RIYADH: Affirming Saudi Arabian Mining Co.’s strong business profile as a multi-commodity producer, Moody’s Investo... Read more

Saudi Exports Organizes Trade Mission To Japan

TOKYO: The Saudi Export Development Authority, under the identity of ‘Made in Saudi Arabia,’ organized the activitie... Read more

US Trade Deficit Shrinks As Imports Hit More Than 1-1/2 Year Low

WASHINGTON: The US trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital g... Read more

Dubais Non-oil Private Sector Maintains Steady Growth As PMI Hits 55.7  

RIYADH: The non-oil private sector in Dubai witnessed steady growth in July even as the emirate’s Purchasing Manager... Read more

Saudi Industrial Base Continues To Expand With 73 New Licenses Issued In June

RIYADH: In an effort to expand its industrial base, Saudi Arabia’s Ministry of Industry and Mineral Resources awarded ... Read more

Closing Bell: Saudi Arabias Main Index Dips For 3rd Consecutive Day 

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its downward trend for the third day in a row as it shed 27.6... Read more

Bahrains $186m Treasury Bills Issue Oversubscribed By 121% 

RIYADH: Bahrain’s latest issue of weekly treasury bills, valued at 70 million Bahraini dinars ($185.7 million), has... Read more

Saudi Arabia Drives MENA IPO Activity with $900m proceeds in Q2: EY Report 

RIYADH: Saudi Arabia continues to drive the initial public offering activity in the Middle East and North Africa, with... Read more