Backpack


Saudi Arabia Grants Chinese Firms Licenses To Practice Logistics Activities 

Islamic Finance - Published date: .

RIYADH: Several Chinese firms will now be able to practice logistics activities in Saudi Arabia thanks to licenses grant... Read more

Boutique Group Identifies Three More Palaces For Conversion Into Ultra-luxury Hotels

Islamic Finance - Published date: .

ABU DHABI: Boutique Group, Saudi Arabia’s newly launched top-tier hospitality brand, has identified three more palaces... Read more

Elaf Groups Expansion Strategy Foresees Growth In Saudi Arabias Hospitality Sector 

Islamic Finance - Published date: .

ABU DHABI: The hospitality sector in Saudi Arabia is poised for further growth as the Elaf Group plans to add 5,000-6,00... Read more

Saudi Tourism Strategy Bearing Fruit As Revenue Hits $9.8bn In Q1 Of 2023, Says Official

Islamic Finance - Published date: .

ABU DHABI: As the world emerges from the shadows of the COVID-19 pandemic, Saudi Arabia is unveiling its true potential ... Read more

Increasing Connectivity To Play Crucial Role In Saudi Arabias Tourism Growth, Says Minister  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia recognizes the importance of connectivity in fostering the growth of its tourism sector, stated Sau... Read more

No-show By Nissan Executives In Carlos Ghosn Hearing

Islamic Finance - Published date: .

In the trial which started on Monday in Lebanon in a case filed by former Nissan Motor Co. Chairman Carlos Ghosn, neithe... Read more

Saudi Minister Says Vision 2030 Aligns With UN SDGs

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top gov... Read more

Tokyo Event Showcases Saudi Arabias NEOM 

Islamic Finance - Published date: .

TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Minist... Read more

Closing Bell – Saudi Arabias Main Index Marginally Slips To Close At 11,061 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 po... Read more

Saudi Arabias HRDF To Join International Cybersecurity Organization

Islamic Finance - Published date: .

RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund rec... Read more

HSBC Allocates $1bn To Back Early-stage Climate Tech Startups 

Islamic Finance - Published date: .

RIYADH: In a move aimed at bolstering global sustainability efforts, HSBC has committed to providing $1 billion in finan... Read more

Flydubai Sees Record Number Of Passengers Over The Summer

Islamic Finance - Published date: .

RIYADH: The UAE-based flydubai airline recorded a historic increase in its seasonal operations by carrying over 4 milli... Read more

PIF Supporting Real Estate Renaissance In Saudi Arabia

Islamic Finance - Published date: .

RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investmen... Read more

Abdul Latif Jameel Picks Amazon As Its Digital Transformation Partner  

Islamic Finance - Published date: .

RIYADH: In a significant step toward its digital transformation efforts, Abdul Latif Jameel, a family-owned business gro... Read more

PIF-backed ADES Sets Offering Price At $3.60 Per Share: Report 

Islamic Finance - Published date: .

RIYADH: ADES Holding Co., partially owned by Saudi Arabia’s Public Investment Fund (PIF), has reportedly set the final... Read more

Deal Signed To Open Marriotts Autograph Collection Hotel In AlUla

Islamic Finance - Published date: .

RIYADH: The historic city of AlUla in Saudi Arabia is set to play host to a Marriott International Autograph Collectio... Read more

Container Volume At Saudi Ports Increase 4.8%

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s ports witnessed an annual surge of 4.79 percent in cargo operations in August 2023, recording a... Read more

Russia Eyes Stronger Economic Ties With India

Islamic Finance - Published date: .

VLADIVOSTOK: Describing India as a “longstanding friend of Russia,” a top Russian official stressed the need for str... Read more

KSAs Aljazira Capital, Osus Establish Real Estate Investment Fund 

Islamic Finance - Published date: .

RIYADH: In a bid to boost mixed-use projects in Riyadh, Saudi Arabia’s Aljazira Capital and Osus Real Estate Co. have ... Read more

New Water Transmission Project Launched For Makkah, Madinah

Islamic Finance - Published date: .

RIYADH: In a bid to boost Saudi Arabia’s water infrastructure, Alkhorayef Water and Power Technologies Co. will build ... Read more