Drift Foundation
Startup Wrap – Saudi VCs Pour Capital Into Ventures Through Strategic Investments
Islamic Finance - Published date: .
RIYADH: Saudi venture capital firms are fueling regional innovation through substantial investments and new initiatives.... Read more
Oil Updates – Crude Gains More Than $1/bbl On Reports Iran Preparing Strike On Israel
Islamic Finance - Published date: .
SINGAPORE: Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical te... Read more
Saudi Arabias Wafi Energy Becomes Majority Shareholder In Shell Pakistan
Islamic Finance - Published date: .
ISLAMABAD: Wafi Energy Holding has become the majority shareholder of Shell Pakistan after Shell Petroleum Co., a subs... Read more
Saudi Banks Credit Card Loans Surge 14%, Reach A Record High Of $8.07bn
Islamic Finance - Published date: .
RIYADH: Credit card loans by Saudi banks hit a record high of SR30.27 billion ($8.07 billion) in the third quarter of 20... Read more
Oil Extends Gains On Reports Iran Preparing To Strike At Israel
Islamic Finance - Published date: .
SINGAPORE: Oil prices extended gains in early Asian trade on Friday, following reports that Iran was preparing a retalia... Read more
Red Sea Global Secures $1.5bn For AMAALA Infrastructure project
Islamic Finance - Published date: .
JEDDAH: Red Sea Global has announced the financial closing of a multi-utility infrastructure development project for the... Read more
Blue Tech Needs Private Sector Boost, Says RSG Official
Islamic Finance - Published date: .
RIYADH: Private sector firms need to lead the way and invest in so-called blue tech in order to protect the world’s oc... Read more
Saudi-US Bilateral Accords Not That Connected To Israel Normalization
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s foreign minister said on Thursday that some of the bilateral agreements the kingdom has been ne... Read more
NBK Eyes Partnerships In Saudi Arabia To Tap Vision 2030 Opportunities Across Diverse Sectors
Islamic Finance - Published date: .
RIYADH: The National Bank of Kuwait is looking to partner with different companies in Saudi Arabia as the Kingdom’s Vi... Read more
Riyadh Air Secures $1.3bn Credit Facility Ahead Of 2025 Launch
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Riyadh Air has secured a $1.3 billion credit facility from a consortium of Gulf banks to fund i... Read more
Startup Wrap – Saudi Firms Continue To Lead Regional Activity
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, with several firms securing significant investments and ... Read more
UAE The Top Destination For Saudi Arabias Non-oil Goods: GASTAT
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s neighbor UAE was the favorite destination for the Kingdom’s non-oil goods in August, with exp... Read more
GCC Sovereign Wealth Funds Lead Global Dealmaking With $55bn In Transactions
Islamic Finance - Published date: .
RIYADH: Sovereign wealth funds across the Gulf Cooperation Council signed off $55 billion across 126 transactions in the... Read more
Wellness Tourism – A Rising Force In Saudi Arabias Vision 2030
Islamic Finance - Published date: .
RIYADH: Saudi Arabia is rapidly positioning itself as a global leader in wellness tourism, a sector that promises signif... Read more
Pakistan, Saudi Arabia Vow To Increase Cooperation Between Small And Medium Enterprises
Islamic Finance - Published date: .
ISLAMABAD: Pakistan’s Minister for Industries and Production Rana Tanveer Hussain met with Saudi Arabia’s Governor ... Read more
Saudi Central Banks Governor Highlights Global, Domestic Economic Resilience At IMF Meeting
Islamic Finance - Published date: .
WASHINGTON DC: Ayman Al-Sayari, the governor of the Saudi Central Bank, emphasized on Friday the resilience of the globa... Read more
Oil Updates – Crude Heads For Weekly Gain As Middle East Tensions Keep Market On Edge
Islamic Finance - Published date: .
SINGAPORE: Oil prices nudged higher on Friday and are on track for a weekly gain of more than 1 percent, as tensions in ... Read more
Riyadhs Population To Hit 9.6m By 2030, Driving Demand For 305k New Homes: Knight Frank
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s capital Riyadh is poised for significant population growth, with the number of residents projec... Read more
IMF Says Size Of Egypts Loan Program Is Still Appropriate
Islamic Finance - Published date: .
WASHINGTON: The International Monetary Fund stated on Thursday that Egypt’s $8 billion loan program remains “still a... Read more
UN Official Issues Urgent Warning About Growing Global Inequality
Islamic Finance - Published date: .
JEDDAH: In a world increasingly marked by disparity, a senior UN official has issued a pressing warning: the gap between... Read more