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Closing Bell: Saudi Main Index Slips 31 Points To Close At 11,376

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index lost 30.90 points, or 0.27 percent, to close at 11,377.55 on Tuesday. ... Read more

Oil Updates — Crude Dips On Possible Easing Of Tight Supply, China Woes Hurt Demand Outlook

Islamic Finance - Published date: .

SINGAPORE: Oil edged lower on Tuesday as the market waited to see if Iraqi exports through the Ceyhan oil terminal would... Read more

Egypts unemployment Rate Drops Slightly To 7% In Q2 

Islamic Finance - Published date: .

RIYADH: Egypt’s unemployment rate edged down to 7 percent in the second quarter of 2023, a marginal decrease of 0.1 pe... Read more

Commerce Ministry Clarifies Financial Statement Procedures For Joint-stock Firms 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia is working toward improving transparency and bolstering corporate governance, with the Commerce Min... Read more

Bahrain, Oman Ink Deal To Exchange Credit Information To Reduce Funding Risks

Islamic Finance - Published date: .

RIYADH: Bahrain and Oman have agreed to exchange corporate credit information among their business to instill transparen... Read more

Saudi Arabia Is Largest Islamic Finance Market With Assets Over $830bn: SAMA Chief 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia is the largest Islamic finance market, with total assets exceeding SR3.1 trillion ($830 billion), r... Read more

Saudi Ceer, Siemens Partner To Propel EV Manufacturing  

Islamic Finance - Published date: .

RIYADH: Engineering operations involved in the design of electric vehicles in Saudi Arabia will receive a boost thanks t... Read more

Global Wealth Projected To Rise 38% By 2027, Despite Recent Decline: Study

Islamic Finance - Published date: .

ZURICH: Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to... Read more

Emirates Adds New London Flights to Meet Busy Winter Season Demand

Islamic Finance - Published date: .

LONDON: Emirates airline has announced plans to introduce an additional five weekly flights from Dubai to London startin... Read more

KAUST Signs MoU To Accelerate Adoption Of Sustainable Energy Solutions

Islamic Finance - Published date: .

JEDDAH: King Abdullah University of Science and Technology has signed a memorandum of understanding with a key player in... Read more

Saudi Arabias Equity Market Drives MENA Upwards In Q2

Islamic Finance - Published date: .

RIYADH: The equity market in the Middle East and North Africa region witnessed a rebound in the second quarter of 2023 w... Read more

Oman LNG Partners With German Firm To Expand Global Footprint 

Islamic Finance - Published date: .

RIYADH: In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German compa... Read more

Saudi Exports Organizes Trade Mission To Iraq To Boost Commerce

Islamic Finance - Published date: .

RIYADH: In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Author... Read more

Closing Bell: TASI Dips For 2nd Day In A Row, Closes At 11,413 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the second consecutive session as it shed 80.94 points, or ... Read more

Saudi Womens Market Participation Surges 20%: GASTAT  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s drive to encourage female participation in the public and private sector has resulted in the t... Read more

Moodys Assigns Baa1 Rating With Stable Outlook To Maaden 

Islamic Finance - Published date: .

RIYADH: Affirming Saudi Arabian Mining Co.’s strong business profile as a multi-commodity producer, Moody’s Investo... Read more

Saudi Exports Organizes Trade Mission To Japan

Islamic Finance - Published date: .

TOKYO: The Saudi Export Development Authority, under the identity of ‘Made in Saudi Arabia,’ organized the activitie... Read more

US Trade Deficit Shrinks As Imports Hit More Than 1-1/2 Year Low

Islamic Finance - Published date: .

WASHINGTON: The US trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital g... Read more

Dubais Non-oil Private Sector Maintains Steady Growth As PMI Hits 55.7  

Islamic Finance - Published date: .

RIYADH: The non-oil private sector in Dubai witnessed steady growth in July even as the emirate’s Purchasing Manager... Read more