Islamic Finance

Saudi Arabias GACA, SAMI Come Away From Farnborough Airshow With Deals, Agreements

LONDON: Saudi Arabia’s General Authority of Civil Aviation built good investment opportunities with British companies ... Read more

Oil Updates – Prices Set For Third Weekly Decline, Pressured By Gaza Ceasefire Hopes

LONDON: Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand... Read more

Saudization Initiative Transforming The Workforce And Bolstering Economic Prosperity, Experts Say 

RIYADH: The Kingdom’s Saudization initiative is not merely a policy but a transformative strategy aimed at reshaping t... Read more

Startup Wrap – Health, HR, And E-commerce Firms Eying Saudi Expansion After Funding Rounds

CAIRO: Startups from across the region and beyond have set a clear path for Saudi expansion after completing successful ... Read more

SAMA Chief Lauds Global Efforts To Contain Inflation

RIYADH: Saudi Central Bank governor praised the “well-calibrated” monetary policies adopted by global financial inst... Read more

Saudi Government Agencies Boost Emerging Tech Adoption By 10% In 2024

RIYADH: Saudi Arabia’s government agencies have made significant progress in integrating new technologies, showing a 1... Read more

AI Startup DXwand To Set Up Local Office In Riyadh

CAIRO: Saudi Arabia’s growing business landscape has encouraged regional and global companies to establish a local pr... Read more

Saudi Arabias Foreign Direct Investment Stock Hits $218bn In Q1

RIYADH: Saudi Arabia’s foreign direct investment stock reached SR817.7 billion ($218 billion) in the first quarter of... Read more

Saudi Arabias Space Sector Soars With Strategic Initiatives

RIYADH: Saudi Arabia’s bid to become a leading player in the global space industry gained momentum with the recent un... Read more

Jobs Boost For Saudi Citizens In Engineering Roles

RIYADH: Employment of Saudi citizens in the engineering sector is set to increase under plans announced by the Ministry ... Read more

Saudi Arabia On The Path To Global Entertainment Leadership With Vision 2030

RIYADH: When Saudi Arabia launched the General Entertainment Authority in 2016, skeptics were doubtful about its outcome... Read more

Startup Wrap – Cross-border Funding And Acquisitions Flourish As MENA Activity Steps Up 

CAIRO: Regional startup activity has seen many acquisitions and funding rounds in recent weeks, with climate technology,... Read more

Oil Updates – Crude Steady As Supply Outlook Offsets Strong Dollar And China Worries

LONDON: Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer Chi... Read more

IMF Welcomes Saudi Recalibrations On Vision 2030 Projects

RIYADH: The International Monetary Fund has welcomed recent recalibrations and adjustments by Saudi Arabia on some of it... Read more

Saudi Home Ownership Rate Passes 63%, Closing In On Vision 2030 Target

RIYADH: The percentage of Saudi households owning a home reached 63.74 percent at the end of 2023, an increase of 16.7 p... Read more