Islamic Finance

Qiddiya Giga-project Set To Propel Saudi Arabias Entertainment Sector

RIYADH: The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expan... Read more

Omans Foreign Reserves Increased By 9% In May

RIYADH: By the end of May, Oman’s economic landscape displayed promising signs of growth and stability as its foreign ... Read more

ACWA Powers Net Profit Surges 35 Percent To $274m In H1

RIYADH: Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reach... Read more

Saudi Municipalities Offer 57 Investment Opportunities Across Commercial And Residential Sectors

RIYADH: Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across ente... Read more

Startup Wrap: AI Investments Flourish Across The Region

CAIRO: Increased awareness about the implications of artificial intelligence across the public and private sector is evi... Read more

Saudi Aramcos Expansion Strategy Providing Fuel For Vision 2030

RIYADH: Saudi oil giant Aramco’s robust integrated expansion strategy is helping to drive forward the Kingdom’s Visi... Read more

Dubais Residential Property Sales Surge More Than 33%, Reports Brokerage Firm

RIYADH: Dubai’s residential property sales saw a 33.5 percent annual increase in the first half of 2024 with 77,233 tr... Read more

GCC Investors Expected To Spend Over $4bn Annually In UK Commercial Property Market: BLME 

RIYADH: Gulf Cooperation Council-based investors are expected to commit over $4 billion annually in the UK commercial pr... Read more

Oil Updates – Prices Fall For Fourth Week As US Job Growth Disappoints

LONDON: Oil prices fell by more than $1 on Friday, remaining on course for a fourth successive weekly drop after data sh... Read more

Unearthing The Transformative Potential Of Saudi Arabias Mining Sector

RIYADH: Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a g... Read more

Datacom Aims To Ride Saudi Arabias Tech Wave 

CAIRO: Technological infusion across all sectors has boosted Saudi Arabia’s position as a catalyst of change, attracti... Read more

Saudi Banks In Strong Position To Harness The Benefits Of Economic Diversification

RIYADH: Saudi banks will see their client base expand and earnings increase thanks to government-backed economic diversi... Read more

Saudi Official Discusses Opportunities In Mining Sector With Brazilian Companies

RIYADH: A recent high-level meeting in Sao Paulo discussed how the Saudi mining sector is expected to benefit substantia... Read more

Finance Minister, SAMA Governor Participate In G20 Ministerial Meeting In Rio De Janeiro

RIYADH: The Saudi Minister of Finance and the governor of the Saudi Central Bank (SAMA) concluded their participation in... Read more