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Japans Automakers Have A Made-in-China Sales Crisis

Islamic Finance - Published date: .

TOKYO : Japan’s automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs)... Read more

Vision Golfe To Become Conference Of Reference Between France And GCC Says French Business Commissioner

Islamic Finance - Published date: .

DUBAI: The relationship between France and the Gulf countries has undergone significant political, economic, and cultura... Read more

Closing Bell: Saudi Stock Market Rises As Oil Prices Recover

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 45.60 points or 0.41 percent to close at 11,118.77, driven by oi... Read more

IHG To Debut Kimpton Hotel In Riyadh By June 2024 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia is widening its hospitality mix by introducing the luxury boutique hotel brand Kimpton to Riyadh i... Read more

Etihad, Emirates To Offer Travelers Multiple Options On Single Ticket 

Islamic Finance - Published date: .

RIYADH: Air travelers to the UAE can now experience more than one destination with a single itinerary as its two flag ca... Read more

Saudi-US Trade And Investment Volume Hits $55bn, US Embassy In Riyadh Reveals 

Islamic Finance - Published date: .

RIYADH: Trade between the US and Saudi Arabia has rocketed by 122 percent since 2021, according to new figures released ... Read more

Saudi Arabias Energy Minister Seeks To Boost Ties With Germany During Visit

Islamic Finance - Published date: .

RIYADH: Saudi Arabia and Germany are set for increased cooperation in the fields of electricity, clean energy, and hydro... Read more

Contract Awarded To Build Private Aircraft Terminal At AlUla Airport

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Royal Commission for AlUla has awarded contracts to Egis for the development of several project... Read more

SABIC Agri-Nutrients Dispatches First Shipment Of Low-carbon Ammonia To India

Islamic Finance - Published date: .

RIYADH: Affirming its long-standing partnership with India, SABIC Agri-Nutrients has exported its first shipment of low-... Read more

China Pushes To Digitize Mines To Make Them Safer

Islamic Finance - Published date: .

RIYADH: China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by t... Read more

US Economy Grew At Weak 1.1% Rate In First Quarter

Islamic Finance - Published date: .

WASHINGTON: The US economy slowed sharply from January through March, decelerating to just a 1.1 percent annual pace as... Read more

Yen Slumps To 9-year Low Vs Euro After BOJ Maintains Ultra-low Rates

Islamic Finance - Published date: .

SINGAPORE/LONDON: The Japanese yen fell to a nine-year low against the euro on Friday after the Bank of Japan left its ... Read more

Oil Updates — Prices Head For Another Monthly Decline As Weak US Data Weighs

Islamic Finance - Published date: .

LONDON: Oil prices were heading for another monthly decline on Friday after disappointing US economic data and uncertai... Read more

Sales From Social Development Bank-backed Saudi Productive Families Exceed $3.46m In 2022 

Islamic Finance - Published date: .

RIYADH: Sales from businesses run by Saudi families which received funding from the government-backed Social Development... Read more

UAE In-focus: ADIB Q1 Net Profits Rise 54% To $300m

Islamic Finance - Published date: .

RIYADH: Abu Dhabi Islamic Bank announced a 54 percent increase in net profit to 1.1 billion dirhams ($300 million) in th... Read more

Egypts Asset Sales Delay To Strain Currency Further: Moodys  

Islamic Finance - Published date: .

RIYADH: As Egypt’s asset sales have been slower than anticipated, the pressure on currency depreciation will continue ... Read more

Closing Bell: Saudi Benchmark Index Ends The Week In Red, Slips 0.32%

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded the week in the red by slipping down 36.03 points, or 0.32 pe... Read more

Saudi Arabia On Target To Outpace Vision 2030 Goals, According To Annual Report

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Vision 2030 plan to diversify the Kingdom’s economy is ahead of many of its targets as it pic... Read more

Apple Tries To Woo India With Investment, Job Opportunities 

Islamic Finance - Published date: .

NEW DELHI: Apple is trying to woo India with investment commitments, as its chief met Prime Minister Narendra Modi and ... Read more