development


Saudi Arabia Aims To Be Among Top 10 Countries In Logistics: Transport Minister 

Islamic Finance - Published date: .

  RIYADH: Saudi Arabia aims to be among the top 10 countries in logistics services, said Minister of Transport and Lo... Read more

Dubai Launches Family Business Support Program  

Islamic Finance - Published date: .

RIYADH: Dubai has introduced an initiative aimed at empowering the next generation of leaders in family-owned business... Read more

Egyptian State-run Infrastructure Firm To Establish Saudi Branch

Islamic Finance - Published date: .

RIYADH: Egypt’s Holding Co. for Roads, Bridges, and Land Transportation Projects is planning to establish a branch in ... Read more

Egyptian AI Startup Intella Raises $3.4m From Saudi Investors 

Islamic Finance - Published date: .

RIYADH: In a significant development for Saudi Arabia’s technology sector, Egyptian deep tech firm Intella has success... Read more

Egypt, Maersks C2X Sign $3bn Deal To Produce Green Fuel

Islamic Finance - Published date: .

RIYADH: Egypt is poised to produce green fuel through its recent agreement with Maersk’s C2X worth up to $3 billion si... Read more

Uzbekistan Announces New Charter From Madrid To Samarkand

Islamic Finance - Published date: .

RIYADH: Uzbekistan, which is set to host the 25th General Assembly of the UN World Tourism Organization, has announced t... Read more

Riyadh Air To Use AI For Green Flight Routes In Fight Against Climate Change

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s newest airline will use artificial intelligence to track the least carbon-emitting flight route... Read more

PIF-backed Lucid Opens First International EV Plant In Saudi Arabia

Islamic Finance - Published date: .

JEDDAH: Lucid Group, backed by the Public Investment Fund, on Wednesday opened its first international manufacturing fac... Read more

Sipchem Gets Nod For Blue Ammonia Plant In Saudi Arabia 

Islamic Finance - Published date: .

RIYADH: In a significant development, Sahara International Petrochemical Co., known as Sipchem, has received the green l... Read more

Closing Bell: TASI Edges Up 1.5% To Close At 11,077  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,076.94 points on Wednesday, marking an increase of 158.70,... Read more

Saudi Arabia Grants Chinese Firms Licenses To Practice Logistics Activities 

Islamic Finance - Published date: .

RIYADH: Several Chinese firms will now be able to practice logistics activities in Saudi Arabia thanks to licenses grant... Read more

Boutique Group Identifies Three More Palaces For Conversion Into Ultra-luxury Hotels

Islamic Finance - Published date: .

ABU DHABI: Boutique Group, Saudi Arabia’s newly launched top-tier hospitality brand, has identified three more palaces... Read more

Elaf Groups Expansion Strategy Foresees Growth In Saudi Arabias Hospitality Sector 

Islamic Finance - Published date: .

ABU DHABI: The hospitality sector in Saudi Arabia is poised for further growth as the Elaf Group plans to add 5,000-6,00... Read more

Saudi Tourism Strategy Bearing Fruit As Revenue Hits $9.8bn In Q1 Of 2023, Says Official

Islamic Finance - Published date: .

ABU DHABI: As the world emerges from the shadows of the COVID-19 pandemic, Saudi Arabia is unveiling its true potential ... Read more

Increasing Connectivity To Play Crucial Role In Saudi Arabias Tourism Growth, Says Minister  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia recognizes the importance of connectivity in fostering the growth of its tourism sector, stated Sau... Read more

No-show By Nissan Executives In Carlos Ghosn Hearing

Islamic Finance - Published date: .

In the trial which started on Monday in Lebanon in a case filed by former Nissan Motor Co. Chairman Carlos Ghosn, neithe... Read more

Saudi Minister Says Vision 2030 Aligns With UN SDGs

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top gov... Read more

Tokyo Event Showcases Saudi Arabias NEOM 

Islamic Finance - Published date: .

TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Minist... Read more

Closing Bell – Saudi Arabias Main Index Marginally Slips To Close At 11,061 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 po... Read more

Saudi Arabias HRDF To Join International Cybersecurity Organization

Islamic Finance - Published date: .

RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund rec... Read more