Bethlehem


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

South Korea Announces $15bn Investment In Advanced Battery Technologies

Islamic Finance - Published date: .

SEOUL: The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) ... Read more

Oil Updates — Crude Prices Slip; Pakistan Places First Order For Discounted Russian Crude

Islamic Finance - Published date: .

RIYADH: Oil prices were down in Asian trade on Thursday as the US dollar strengthened on rate-hike expectations, and the... Read more

Aramco And SABIC Dispatch First Accredited Low-carbon Ammonia Shipment To Japan

Islamic Finance - Published date: .

A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation.... Read more

UAE In-Focus – Dubai Real Estate Transaction Value Surges 80% To $42.7bn In Q1 

Islamic Finance - Published date: .

RIYADH: Dubai’s real estate sector recorded an 80 percent increase in transaction value to 157 billion dirhams ($42.7... Read more

Stc Groups TAWAL Expands Its Footprint To Europe With United Group Tower Purchases

Islamic Finance - Published date: .

RIYADH: TAWAL, the information and communication technology subsidiary of stc Group, has expanded its footprint to Europ... Read more

Bahrains National Origin Exports Value Sees 20% Year-on-year Drop In Q1 2023

Islamic Finance - Published date: .

RIYADH: Bahrain’s national origin exports value dropped 20 percent during the first quarter of 2023 compared to the sa... Read more

Saudi Cocoa Imports Set To Exceed 2022 Figure Thanks To Bumper First Quarter

Islamic Finance - Published date: .

RIYADH: Cocoa imports into Saudi Arabia exceeded 37 million kilograms in the first quarter of 2023, putting the Kingdom ... Read more

Riyadh Records Largest Number Of Commercial Registers Issued In Q1 2023

Islamic Finance - Published date: .

RIYADH: Riyadh bagged 18,800 commercial registers in the first quarter of 2023, making it the city with the highest numb... Read more

Japan PM Mulls Action Plan To Boost Investment In East Asian Country

Islamic Finance - Published date: .

TOKYO: Japanese Prime Minister Fumio Kishida  said Thursday that his government will roll out an action plan as early ... Read more

Pakistan To Place 1st Order To Import Discounted Russian Oil This Month

Islamic Finance - Published date: .

ISLAMABAD: Pakistan’s State Minister for Petroleum Dr. Musadik Malik said on Wednesday that Islamabad would place its... Read more