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Four New Special Economic Zones To Be Established In Saudi Arabia

Islamic Finance - Published date: .

RIYADH: Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on... Read more

Global Sukuk Outlook For Q2 Is Positive Despite Slowdown: Fitch

Islamic Finance - Published date: .

RIYADH: The global sukuk issuance for the second quarter is building up even as it faces short-term uncertainties amid c... Read more

Closing Bell: Saudi Stocks Continue To Rise, End Week On Positive Note

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement on Thursday, as it went up by 29.28 point... Read more

Saudi Ports Book 21% Rise In Container Volumes In March: Mawani

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s ports witnessed a 21.14 percent increase in container volumes to 693,523 twenty-foot equivalent... Read more

Saudi Inflation Eases To 2.7% In March: GASTAT 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s inflation rate softened to 2.7 percent in March, against 3 percent recorded in February, primar... Read more

OPEC Keeps Outlook For 2023 World Oil Demand Unchanged

Islamic Finance - Published date: .

RIYADH: Keeping its forecast for global oil demand growth in 2023 unchanged at 2.3 million barrels per day or 2.3 perce... Read more

IMF Raises Saudi Arabias Growth Projection To 3.1% For 2023

Islamic Finance - Published date: .

RIYADH: The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth this year by 0.... Read more

Saudi ACWA Power To Develop $677m Desalination Project 

Islamic Finance - Published date: .

RIYADH: Saudi energy firm ACWA Power has signed a water purchase agreement for the 600,000-cubic meter per day Rabig... Read more

Dubais Residential Market Reaches Record Highs In Q1: CBRE 

Islamic Finance - Published date: .

RIYADH: Dubai property market continues to grow at an unprecedented rate, with the transaction volumes reaching record... Read more

Saudi Arabia Ranks 2nd In Global Study Of AI Awareness

Islamic Finance - Published date: .

RIYADH: Saudi Arabia ranks second globally for societal awareness of artificial intelligence, according to the 2023 Art... Read more

Money Supply In Saudi Arabia Rises 4.72% In Q1 Of 2023

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s money supply increased 4.72 percent during the first quarter of 2023, according to figures rele... Read more

Saudi Aviation Cements Pandemic Recovery With 82% Passenger Surge In 2022: GASTAT

Islamic Finance - Published date: .

RIYADH Air travel in Saudi Arabia is soaring thanks to an 82 percent surge in passengers to 88 million in 2022 compared ... Read more

OneWeb NEOM JV Becomes Member Of Digital Cooperation Organization  

Islamic Finance - Published date: .

RIYADH: NEOM’s satellite company has joined a global multilateral body as it looks to play a part in acceleratin... Read more

Closing Bell: TASI Continues Downward Trend 

Islamic Finance - Published date: .

RIYADH: After performing strongly for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index edged down for... Read more

Qatar Central Banks Auction Receives Bids Worth $2.7bn 

Islamic Finance - Published date: .

RIYADH: Treasury bills and sukuk that were issued by the Qatar Central Bank on Thursday attracted 9.7 billion qatari riy... Read more

Saudi Tourism Development Fund To Implement 23 Projects Valued At $4.26bn 

Islamic Finance - Published date: .

RIYADH: Tourism prospects in Saudi Arabia are getting brighter as the government continues to invest in the sector, wi... Read more

Saudi Privatization Drive picks Up Space as 140 Projects offered for Investment  

Islamic Finance - Published date: .

RIYADH: Up to 140 projects in Saudi Arabia, including four airports and 4,500 km of road developments, are open fo... Read more

Saudi Industry Ministry Issues 18 Mining Licenses In February

Islamic Finance - Published date: .

  RIYADH: Mining licences in Saudi Arabia continue to be handed out as the sector pushes ahead with growth, with 18 n... Read more

UAE Wrap: Pre-arrivals Total 33% Of Abu Dhabi Custom Clearance Transactions In Q1 2023 

Islamic Finance - Published date: .

RIYADH: Pre-arrival clearance accounted for 33 percent of all customs transactions in Abu Dhabi for the first quarter of... Read more

Oil Updates – Prices Down Marginally Amid Uncertainty Over Imminent US Economic Data

Islamic Finance - Published date: .

Fri, 2023-03-31 09:18 BEIJING: Oil prices were very slightly down in Asian morning trade on Friday as bullish sentim... Read more