Backpack
Russian Ruble Strengthens Slightly As West Imposes New Sanctions
Islamic Finance - Published date: .
LONDON: The Russian ruble firmed on Friday, pushing back past the level of 80 to the US dollar, helped by higher oil pri... Read more
Oil Rebounds On Fading Risk Of US Debt Default
Islamic Finance - Published date: .
SINGAPORE: Oil prices rebounded on Friday from losses of more than 1 percent the previous day as investors turned cauti... Read more
Global Markets: Stocks Lifted To Month-high By US Debt Ceiling Hopes
Islamic Finance - Published date: .
LONDON/SINGAPORE: Global shares hit a one-month high on Friday as markets reflected increased hopes of a US debt ceiling... Read more
Saudi Arabias M3 Money Supply Surges 4.74% Since End Of December
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s M3 money supply has surged 4.74 percent since December 2022, according to data released by the ... Read more
Etihad Rail Partners With Italian Firm Arsenale To Launch Luxury Train Service In The UAE
Islamic Finance - Published date: .
RIYADH: Travelers will have access to a luxury train service in the UAE after national railway network operator Etihad R... Read more
Closing Bell: TASI Rises 66.80 Points As Healthcare Stocks Dominate
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 66.80 points, or 0.59 percent, to close at 11,344.40 on Thursday... Read more
Saudi Industry To Bolster Trade Ties With Russian Companies At Key Event
Islamic Finance - Published date: .
RIYADH: Prominent industrialists from Russia will be visiting Saudi Arabia from May 29-30 to bolster trade and economic ... Read more
IHG Hotels & Resorts To Open 12 Holiday Inn Express Hotels In Saudi Arabia
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s hospitality and tourism sector will witness a new wave of growth and investments with IHG Hotel... Read more
Jabal Omar Development Co. Receives License To Operate 5-star Tower
Islamic Finance - Published date: .
RIYADH: Jabal Omar Development Co. has been handed the license to operate the first tower of Saudi Arabia’s Jabal Omar... Read more
Gold Retreats As Dollar Gains Upper Hand
Islamic Finance - Published date: .
BENGALURU, India: Gold retreated on Thursday as rival safe-haven dollar advanced and outweighed support for bullion from... Read more
HSBC Sees Great Middle East-China Growth Potential, Says Banks Regional CEO
Islamic Finance - Published date: .
RIYADH: The booming Middle East-China trade corridor is encouraging HSBC’s clients to invest in the region, one of the... Read more
Oil Prices Fall, Set For 4th Weekly Drop, As Demand Fears Weigh
Islamic Finance - Published date: .
BEIJING: Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the US and Chin... Read more
Saudi SME Growth Critical For Nations Economy, Say Experts As Bank Pledges More Than $26m Funding
Islamic Finance - Published date: .
JEDDAH: An MOU worth $26.2 m has been signed providing finance for SMEs at the Islamic Development Bank’s annual meeti... Read more
Saudis To Receive Event Safety Training Under New Deal With Key Qatar World Cup Firm
Islamic Finance - Published date: .
RIYADH: Thousands of Saudis are set to be trained on event management and safety protocols by one of the firms that play... Read more
Vodafone Says CEO Of Top Shareholder E& To Join Its Board
Islamic Finance - Published date: .
LONDON: Vodafone Group on Thursday said the chief executive of its largest shareholder, Emirates telecoms group Etisalat... Read more
Qatar Drives Cleantech Industry in MENA Region With $75bn Investment Opportunity
Islamic Finance - Published date: .
RIYADH: Qatar is set to drive the growth of the cleantech industry in the Middle East and Africa as its favorable g... Read more
Saudi Arabia Explores Industrial And Investment Opportunities With Oman
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s industry and mining sectors are set to benefit from bilateral ties with Oman as their ministe... Read more
Closing Bell: TASI Rises 99.6 Points As Trading Volume Touches $1.64bn
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 99.6 points, or 0.88 percent, to finish at 11,392.78 on Thursday... Read more
Aviation Hubs In UAE, Saudi Arabia To Drive passenger Traffic recovery In Mideast
Islamic Finance - Published date: .
CAIRO: Key aviation hubs in the UAE and Saudi Arabia are forecast to drive a full recovery of passenger traffic in the M... Read more
Oil Rises But On Track For Third Week Of Losses Due To Demand Worries
Islamic Finance - Published date: .
HOUSTON: Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets wit... Read more