Islamic Finance

Saudi Arabia To Play Key Role In Cypruss Tourism Diversification, Minister Says During Visit To Kingdom

RIYADH: Cyprus’s deputy tourism minister believes boosting ties with Saudi Arabia is a key part of helping his country... Read more

Qatars Non-oil Sector Maintains Growth As PMI Hits 53.8 In June

RIYADH: The non-oil private sector in Qatar continued to maintain its healthy growth in June, as the country’s Purchas... Read more

Closing Bell: Saudi Main Index Rallies For 3rd Consecutive Day

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the third day in a row, gaining 73.59 po... Read more

Travel Spending In The Kingdom Jumps Over 224% To Hit $9.8bn In Q1: SAMA

RIYADH: Travel spending in Saudi Arabia jumped 224.6 percent year on year to hit $9.8 billion in the first quarter of 20... Read more

Brazils BRF Launches Share Offering, Opening Room For Saudi Investment

SAO PAULO: Brazilian food processor BRF said on Tuesday it has filed for a follow-on share offering that will allow the ... Read more

Central Bank Of Oman Issues Treasury Bills Worth $90.9m

RIYADH: The Central Bank of Oman has revealed that the total value of government treasury bills issued this week amounte... Read more

UAE To Triple Contribution Of Renewables To Energy mix Over Next 7 Years   

RIYADH: In a push towards sustainability, the UAE aims to triple the contribution of renewable energy to the country's e... Read more

Kazakhstans Air Astana Opens Ticket Sales For New Jeddah Flights

RIYADH: Saudi Arabia’s tourism sector is expected to get a further boost, with Kazakhstan’s Air Astana opening ticke... Read more

Saudi Minister Meets Huawei CEO To Expand Partnership And Boost Digital Economy

RIYADH: Saudi Arabia and China are exploring opportunities to cooperate in technology and related infrastructure, with t... Read more

Chinese Economy To Rebound In 2023 To Hit 5% Annual Growth: Premier Li

RIYADH: The Chinese economy is expected to rebound strongly in the second quarter of this year, and will mark an overa... Read more

Israels Tech Sector Troubles Persist In 2023, State Agency Says

JERUSALEM: A slowdown in Israel’s technology sector has worsened in 2023, exacerbated by political turmoil, and the co... Read more

US Oil And Gas Production Decelerating At A Time Of Booming Demand, Shows Survey

RIYADH: Driven by a fall in crude and commodities pricing, oil and gas production in the US is decelerating at a time wh... Read more

Oil Updates — Crude Slips On Supply Worries; Guyana Dampens OPEC Accession Rumours

RIYADH: Oil prices slipped on Tuesday ahead of data from the American Petroleum Institute which will shed light on US ap... Read more

Turkiye Stays Top Destination For Russian June Diesel Loadings

MOSCOW: Turkiye will again be the top destination for Russian diesel exports in June, while total shipments are set to r... Read more

PIFs Lifera Forms JV With Global Omics Diagnostics Firm CENTOGENE 

RIYADH: Patients in the Gulf Cooperation Council region could get faster and more accurate diagnoses after the Public In... Read more