Economy
ACWA Power Inks Deals With Chinese Firms To Boost Green Energy Collaboration
Islamic Finance - Published date: .
RIYADH: In a significant move for the global green energy landscape, Saudi Arabia’s ACWA Power has signed memorandums ... Read more
Closing Bell: TASI Slips 34.03 Points To Close At 11,122
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index fell on Wednesday, losing 34.03 points, or 0.30 percent, to close at 11... Read more
GCC-Pakistan Free Trade Agreement Vital For Economic Interests: Al-Budaiwi
Islamic Finance - Published date: .
RIYADH: The free trade agreement being negotiated between the Gulf Cooperation Council countries and Pakistan is of gr... Read more
US Consumer Inflation Ticks Up On Gasoline Prices
Islamic Finance - Published date: .
WASHINGTON: Consumer inflation in the USpicked up in August for a second straight month, according to government data re... Read more
Monshaat Partners With MIT To Develop Entrepreneurship Program In Riyadh
Islamic Finance - Published date: .
RIYADH: In a bid to boost innovative entrepreneurship in Saudi Arabia, the General Authority for Small and Medium Enterp... Read more
Saudi Arabias Economic And Fiscal Position Strong Due To Vision 2030: IMF
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s fiscal prospects are solid in the near term, primarily driven by Vision 2030 which has been s... Read more
ADCB Issues $650m Green Bond To Support UAEs Net-zero Economy
Islamic Finance - Published date: .
RIYADH: In a significant step to support the UAE’s net-zero goal, Abu Dhabi Commercial Bank said it has successfully ... Read more
Industry Leaders Set To Gather In Dammam For Saudi Maritime Congress
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s maritime sector will get a boost as visionaries and industry leaders are set to gather in Da... Read more
Saudi Fashion Sector Gears Up For Rapid Growth Driven By Economic Expansion: Report
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s fashion sector is set for substantial growth, with retail sales projected to surge by 48 percen... Read more
Closing Bell: TASI Ends Day In Red Closing At 11,298
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, as it shed 112.82 points, or 0.99 percent, to clo... Read more
Saudi Industry Ministry Launches Program To Implement Basic Digitization Solutions
Islamic Finance - Published date: .
RIYADH: In a bid to push digitization efforts in Saudi Arabia, the Ministry of Industry and Mineral Resources has launch... Read more
Bank Of China Opens First Branch In Saudi Capital
Islamic Finance - Published date: .
RIYADH: In a sign of growing cooperation between Saudi Arabia and China, one of the Asian country’s four biggest state... Read more
Abu Dhabi Exports Office Signs $100m Deal With Egyptian Bank To Boost UAE Exports
Islamic Finance - Published date: .
RIYADH: In a move aimed at reinforcing economic and trade relations between the UAE and Egypt, Abu Dhabi Exports Office,... Read more
Maaden secures Exploration Licenses For Key Mining Sites
Islamic Finance - Published date: .
RIYADH: In a bid to expedite its exploration initiative, the Saudi Arabian Mining Co., also known as Ma’aden, ha... Read more
Emirates, United Expand Partnership To Include 9 New Destinations In Mexico
Islamic Finance - Published date: .
RIYADH: Customers of UAE flag carrier Emirates airline will now have access to nine new destinations in Mexico thanks to... Read more
Egypt aims To Raise $5bn Through State IPO Program By Mid-2024
Islamic Finance - Published date: .
RIYADH: The Egyptian government has set its sights on raising $5 billion through the upcoming offering of power plants... Read more
Riyadh To Host Business Event In September To Drive MICE Industry
Islamic Finance - Published date: .
RIYADH: Saudi Arabia is gearing up to bolster its meetings, incentives, conferences, and exhibitions sector with the lau... Read more
Saudi Arabia Topped G20 In Energy Subsidy Spending: IMF
Islamic Finance - Published date: .
RIYADH: Saudi Arabia spent the most per capita on energy subsidies — $6,996 — among the G20 economies last year, acc... Read more
Oil Updates — Crude Rises On Large US Stockpile Draw, Hurricane Jitters
Islamic Finance - Published date: .
SINGAPORE: Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the US... Read more
Kuwait Plans To Invest In UKs Top Priority Sectors Over Next 5 Years
Islamic Finance - Published date: .
RIYADH: The UK economy is set to receive a considerable boost over the next five years following the signing of an inves... Read more