development
Closing Bell: TASI Rises To 11,664 Points As Trading Turnover Hits $2bn
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 77.57 points, or 0.67 percent, to close at 11,... Read more
Egyptian Govt To Bear 11% Of Cost Of New Tourist Rooms: Minister
Islamic Finance - Published date: .
RIYADH: In a bid to further develop the country’s tourism sector, the Egyptian government is set to launch an initiati... Read more
Saudi Arabia Ranks 2nd In Latest Global Entrepreneurship Index
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s efforts to create a conducive environment for new businesses have seen the Kingdom secure the s... Read more
Lifeline To Islamabad: Saudi Arabia Deposits $2bn In Pakistani Central Bank
Islamic Finance - Published date: .
KARACHI: Saudi Arabia has deposited $2 billion in Pakistan’s central bank, Finance Minister Ishaq Dar announced on Tue... Read more
Saudi Arabia Secures Presidency Of ICAOs Aviation Security Committee
Islamic Finance - Published date: .
RIYADH: Marking a significant achievement for its airspace sector, Saudi Arabia has secured the presidency of one of the... Read more
Oil Updates — Crude Rises As Markets Weigh Supply Cuts
Islamic Finance - Published date: .
RIYADH: Oil prices rose on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia ag... Read more
Kuwait Rejects Iranian Drilling Plans On Al-Durra Gas Field: KUNA
Islamic Finance - Published date: .
RIYADH: Kuwait has rejected Iran’s “claims” over the Al-Durra gas field, stressing that it owns exclusive rights t... Read more
Bahrain And UK Sign Digital Economy Trade Partnership
Islamic Finance - Published date: .
RIYADH: Bahrain’s economic ties with the UK have been further strengthened after the countries signed a digital econom... Read more
Red Sea Global Partners With Global Water Sports Brand North Sails
Islamic Finance - Published date: .
RIYADH: In an effort to promote sustainable water sports in Saudi Arabia, Public Investment Fund-owned developer Red Sea... Read more
Saudi Arabia To Play Key Role In Cypruss Tourism Diversification, Minister Says During Visit To Kingdom
Islamic Finance - Published date: .
RIYADH: Cyprus’s deputy tourism minister believes boosting ties with Saudi Arabia is a key part of helping his country... Read more
Qatars Non-oil Sector Maintains Growth As PMI Hits 53.8 In June
Islamic Finance - Published date: .
RIYADH: The non-oil private sector in Qatar continued to maintain its healthy growth in June, as the country’s Purchas... Read more
Closing Bell: Saudi Main Index Rallies For 3rd Consecutive Day
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the third day in a row, gaining 73.59 po... Read more
Travel Spending In The Kingdom Jumps Over 224% To Hit $9.8bn In Q1: SAMA
Islamic Finance - Published date: .
RIYADH: Travel spending in Saudi Arabia jumped 224.6 percent year on year to hit $9.8 billion in the first quarter of 20... Read more
Brazils BRF Launches Share Offering, Opening Room For Saudi Investment
Islamic Finance - Published date: .
SAO PAULO: Brazilian food processor BRF said on Tuesday it has filed for a follow-on share offering that will allow the ... Read more
Central Bank Of Oman Issues Treasury Bills Worth $90.9m
Islamic Finance - Published date: .
RIYADH: The Central Bank of Oman has revealed that the total value of government treasury bills issued this week amounte... Read more
UAE To Triple Contribution Of Renewables To Energy mix Over Next 7 Years
Islamic Finance - Published date: .
RIYADH: In a push towards sustainability, the UAE aims to triple the contribution of renewable energy to the country's e... Read more
Kazakhstans Air Astana Opens Ticket Sales For New Jeddah Flights
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s tourism sector is expected to get a further boost, with Kazakhstan’s Air Astana opening ticke... Read more
Saudi Minister Meets Huawei CEO To Expand Partnership And Boost Digital Economy
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and China are exploring opportunities to cooperate in technology and related infrastructure, with t... Read more
Chinese Economy To Rebound In 2023 To Hit 5% Annual Growth: Premier Li
Islamic Finance - Published date: .
RIYADH: The Chinese economy is expected to rebound strongly in the second quarter of this year, and will mark an overa... Read more
Israels Tech Sector Troubles Persist In 2023, State Agency Says
Islamic Finance - Published date: .
JERUSALEM: A slowdown in Israel’s technology sector has worsened in 2023, exacerbated by political turmoil, and the co... Read more