Islamic Finance

Mexico Minister Sees Infinite Opportunities In Saudi Arabia

RIYADH: Mexico's Deputy Finance Minister has affirmed his country’s interest in strengthening its economic ties with S... Read more

Saudi Arabias Merchandise Exports Soared 48.9% To $410bn In 2022

RIYADH: Saudi Arabia’s merchandise exports increased 48.9 percent year on year in 2022 to hit SR1.54 trillion ($410 bi... Read more

Amazon Eyes 40,000 Online Sellers In Saudi Arabia By 2025

RIYADH: The opening of Amazon’s new fulfillment center in Riyadh will help boost selling opportunities for small and m... Read more

Number Of SMEs In Saudi Arabia Rises 4.8% In Q1, Exceeds 1.2m

RIYADH: Saudi Arabia is witnessing increased entrepreneurial activity as the total number of small and medium enterprise... Read more

Saudi Banking Sector Growth Driven By Mortgages: Report

RIYADH: Saudi Arabia’s banking sector has experienced rapid growth over the past few years, primarily driven by mortga... Read more

UAEs Healthcare Sector Sets Global Benchmark In Medical Services And Innovation

RIYADH: The UAE’s healthcare sector continues to lead regionally and globally in medical services and scientific achie... Read more

SAMA Permits 2 Fintech Firms To Offer Flexible Consumer Spending Options

RIYADH: Saudi shoppers can soon find more flexible payment options with two more buy now, pay later companies entering t... Read more

World Comes Together To Tackle Climate Issues In Helsinki

HELSINKI: Climate change, pollution, excess waste, renewable energy and more were on the agenda as expert speakers, envi... Read more

Saudi Real Estate Refinance Co. Issues $933m In Sukuk To Spur Liquidity In Realty Market

RIYADH: The Kingdom’s housing market will get a fresh stream of liquidity, with Saudi Real Estate Refinance Co. announ... Read more

Beverly Hills Firm Explores Opportunities To Develop Tourist Destinations In Saudi Arabia

RIYADH: US-based destination marketing company Beverly Hills Conference & Visitors Bureau is exploring partnerships... Read more

Oil Updates — Prices Broadly Steady Amid OPEC+ Supply Cut Uncertainty, Demand Worries

LONDON: Oil prices were stable on Friday, as the market weighed conflicting messages on supply from Russia and Saudi Ara... Read more

US Money Market Funds See Big Inflows Amid Debt Ceiling Caution

BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadli... Read more

Visa Launches Initiative To Support Women Entrepreneurs In Saudi Arabia

RIYADH: In a bid to support women-owned small businesses in Saudi Arabia, Visa has launched the second edition of its Sh... Read more

Saudi Arabia, Iraq To Develop Special Economic Zone, Boost Trade

JEDDAH: Saudi Arabia and Iraq on Thursday signed a raft of agreements to boost economic cooperation and develop a specia... Read more

Saudi Venture Capital Invests $7.5m To Back SMEs, Startups

RIYADH: Entrepreneurs in Saudi Arabia are set to benefit from an investment of $7.5 million by Saudi Venture Capital int... Read more