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Saudi Health Insurance Set To Cover 90% Of Population This Year, Says Industry Regulator 

Islamic Finance - Published date: .

RIYADH: The number of Saudis signing up to health insurance schemes hit 11.46 million in the second quarter of 2023, up ... Read more

Closing Bell: Saudi Main Index Slips 56 Points To Close At 11,636 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped for the third day in a row, as it shed 56.16 points, or 0.48 pe... Read more

Saudia To Acquire 20 Airbus A321neo Aircraft By 2026

Islamic Finance - Published date: .

RIYADH: As part of its drive to meet growing demand, the Kingdom’s national carrier Saudia plans to add 20 fuel-effic... Read more

Saudi Arabia Swings Into Action Against Monopolistic Practices

Islamic Finance - Published date: .

RIYADH: In a move to enhance Saudi Arabia’s market performance, the General Authority for Competition imposed a SR10 m... Read more

Oman central Bank issues Treasury Bills Worth Over $70m 

Islamic Finance - Published date: .

RIYADH: Oman issued treasury bills totaling 27 million rials ($70.1 million) this week for varying maturity peri... Read more

Aldar Properties Announces $131m Redevelopment Of UAEs Al-Jimi Mall, Al-Hamra Mall

Islamic Finance - Published date: .

ABU DHABI: Aldar Properties announced on Tuesday an investment plan worth AED 500 million ($131 million) to redevelop tw... Read more

UAE Revenues, Expenditures Decline During Q1 2023

Islamic Finance - Published date: .

RIYADH: The UAE’s government’s revenues and expenditures both saw downturns in the first quarter of 2023, with the t... Read more

SAMA Grants Permit To BNPL Platform Tabby 

Islamic Finance - Published date: .

RIYADH: Reflecting its endeavor in supporting the fintech sector, the Saudi Central Bank has given the buy-now-pay-later... Read more

Qatars Free Zones Authority Joins With Development Bank To enhance Investment Climate

Islamic Finance - Published date: .

RIYADH: In a joint initiative aimed at enhancing the investment climate in Qatar, the country’s two leading insti... Read more

Saudi Arabia Closes July Sukuk Issuance At $700m 

Islamic Finance - Published date: .

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

Saudi Leaders Are Almost 3 Times more Likely To Innovate during A Recession: Dell Technologies 

Islamic Finance - Published date: .

RIYADH: At a time of recession, Saudi leaders and adopters are 2.8 times more likely to accelerate innovation efforts, a... Read more

Dubai Inflation Rate Eases To 2% In June, Its Lowest Level Since Jan 2022  

Islamic Finance - Published date: .

RIYADH: Pulled back by decelerating food and transportation prices, Dubai’s inflation rate eased to 2.05 percent in J... Read more

Closing Bell: TASI Maintains Upward Trajectory For 2nd Consecutive Day 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, climbing 80.... Read more

Saudi Dairy Giant NADEC Signs Deal With Yadoum To Produce Fertilizer From Biowaste

Islamic Finance - Published date: .

RIYADH: In a bid to protect the environment, Saudi dairy giant National Agricultural Development Co. signed a deal with ... Read more

Saudi Arabia Jumps 8 Spots On global Shipping Ranking By Lloyds List  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia has jumped eight spots to claim 16th position in the international ranking for container handli... Read more

Saudi Arabia And Turkiye Sign Energy Cooperation Agreement

Islamic Finance - Published date: .

RIYADH: Saudi Arabia and Turkiye have signed an energy agreement aimed at boosting cooperation in oil and gas production... Read more

Almarai Begins Issuance Of US Dollar-denominated Trust Certificates 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s diary giant Almarai on Tuesday commenced the offer of US dollar-denominated trust certificates ... Read more

Saudi Aramco CEO Joins Board Of Directors At BlackRock  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s corporate leadership is reinforcing its position in international boardrooms, with Amin Nasser,... Read more

ADNOC To Roll Out Mideasts First High-speed Hydrogen Refueling Station    

Islamic Finance - Published date: .

RIYADH: The UAE’s National Hydrogen Strategy received a renewed push as the state-owned Abu Dhabi National Oil Co. beg... Read more

Saudi Startups Top MENA Region In Raising Funds In H1, Collects $446m 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s focus on encouraging entrepreneurship has paid off as startups in the Kingdom raised $446 milli... Read more