Backpack


Saudi Cabinet OKs New System For Agriculture Fund to Ensure Food Security

Islamic Finance - Published date: .

RIYADH: The Saudi Cabinet, chaired by King Salman at Al-Salam Palace in Jeddah on Tuesday, approved the Agriculture Deve... Read more

Closing Bell: Saudi Main Index Closes Slightly Lower At 11,442

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, losing 21.70 points, or 0.19 percent, to close at ... Read more

Riyadh Air Partners With Colleges Of Excellence To Empower Saudi Aviation Talent

Islamic Finance - Published date: .

RIYADH: Riyadh Air, Saudi Arabia’s newly established national carrier, has signed a memorandum of understanding wit... Read more

Future Of Gaming Industry In The Spotlight As Key Forum Set To Begin In Riyadh

Islamic Finance - Published date: .

RIYADH: Key players of the fast-growing esports and gaming industry will converge on Riyadh for the second Next World Fo... Read more

Red Sea Global Partners With WTTC To Boost Sustainable Tourism In KSA

Islamic Finance - Published date: .

RIYADH: In a bid underscore the potential of responsible travel within Saudi Arabia, Red Sea Global, the developer behin... Read more

Saudi Arabias NDMC Closes August Sukuk Issuance At $930m

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s National Debt Management Center has concluded its riyal-denominated sukuk program issuance for ... Read more

Oil Updates — Crude Dips As Markets Await PMI Releases, Jackson Hole Meet

Islamic Finance - Published date: .

LONDON: Oil prices dropped on Wednesday, as traders were cautious ahead of potentially gloomy manufacturing data and an ... Read more

Gas Arabian Services, Indias Tubefit Engineers Form Manufacturing JV

Islamic Finance - Published date: .

RIYADH: Affirming Saudi Arabia’s drive to attract foreign investments, Gas Arabian Services Co., a firm listed on the ... Read more

Saudi Arabias Off-plan Property Sales Grow By 52% During H1


Islamic Finance - Published date: .

RIYADH: Off-plan property sales in Saudi Arabia have been gaining popularity in recent years, with the category growing... Read more

Saudi Economics Association Elects New Governing Board  

Islamic Finance - Published date: .

RIYADH: In a bid to drive depth and agility in macroeconomic and microeconomic learning, King Saud University on Tuesday... Read more

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