Companies
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
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