Economy
KAUST Signs MoU To Accelerate Adoption Of Sustainable Energy Solutions
Islamic Finance - Published date: .
JEDDAH: King Abdullah University of Science and Technology has signed a memorandum of understanding with a key player in... Read more
Saudi Arabias Equity Market Drives MENA Upwards In Q2
Islamic Finance - Published date: .
RIYADH: The equity market in the Middle East and North Africa region witnessed a rebound in the second quarter of 2023 w... Read more
Oman LNG Partners With German Firm To Expand Global Footprint
Islamic Finance - Published date: .
RIYADH: In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German compa... Read more
Saudi Exports Organizes Trade Mission To Iraq To Boost Commerce
Islamic Finance - Published date: .
RIYADH: In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Author... Read more
Closing Bell: TASI Dips For 2nd Day In A Row, Closes At 11,413
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the second consecutive session as it shed 80.94 points, or ... Read more
Saudi Womens Market Participation Surges 20%: GASTAT
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s drive to encourage female participation in the public and private sector has resulted in the t... Read more
Moodys Assigns Baa1 Rating With Stable Outlook To Maaden
Islamic Finance - Published date: .
RIYADH: Affirming Saudi Arabian Mining Co.’s strong business profile as a multi-commodity producer, Moody’s Investo... Read more
Saudi Exports Organizes Trade Mission To Japan
Islamic Finance - Published date: .
TOKYO: The Saudi Export Development Authority, under the identity of ‘Made in Saudi Arabia,’ organized the activitie... Read more
US Trade Deficit Shrinks As Imports Hit More Than 1-1/2 Year Low
Islamic Finance - Published date: .
WASHINGTON: The US trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital g... Read more
Dubais Non-oil Private Sector Maintains Steady Growth As PMI Hits 55.7
Islamic Finance - Published date: .
RIYADH: The non-oil private sector in Dubai witnessed steady growth in July even as the emirate’s Purchasing Manager... Read more
Saudi Industrial Base Continues To Expand With 73 New Licenses Issued In June
Islamic Finance - Published date: .
RIYADH: In an effort to expand its industrial base, Saudi Arabia’s Ministry of Industry and Mineral Resources awarded ... Read more
Closing Bell: Saudi Arabias Main Index Dips For 3rd Consecutive Day
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its downward trend for the third day in a row as it shed 27.6... Read more
Bahrains $186m Treasury Bills Issue Oversubscribed By 121%
Islamic Finance - Published date: .
RIYADH: Bahrain’s latest issue of weekly treasury bills, valued at 70 million Bahraini dinars ($185.7 million), has... Read more
Saudi Arabia Drives MENA IPO Activity with $900m proceeds in Q2: EY Report
Islamic Finance - Published date: .
RIYADH: Saudi Arabia continues to drive the initial public offering activity in the Middle East and North Africa, with... Read more
ACWA Power Is The Worlds Largest Water Project Developer Outside Of China: GWI
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s progress in the desalination industry has received worldwide recognition, with the UK-based Glo... Read more
Oil Updates — Crude Holds Near 3-month High On Signs Of Tightening Supply
Islamic Finance - Published date: .
RIYADH: Oil prices slipped on Tuesday but were still near the three-month high reached in the previous session on signs... Read more
Industrial Investment Opportunities In Saudi Arabia Not Confined To Large-scale Projects: Minister
Islamic Finance - Published date: .
RIYADH: Investment funds of all sizes are being encouraged to consider pouring funds into Saudi Arabia’s industrial s... Read more
China Announces Consumption-boosting Measures As Data Disappoints
Islamic Finance - Published date: .
BEIJING: Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested tha... Read more
Pakistan Hosts Summit To Attract Foreign Investors For Development Of Mining Sector
Islamic Finance - Published date: .
ISLAMABAD: Pakistan’s Chief of the Army Staff Gen. Syed Asim Munir on Tuesday said foreign investors will play an “i... Read more
Energy Transition Is More Complicated Than Previously Believed: IEF Report
Islamic Finance - Published date: .
RIYADH: The energy transition is more complicated than previously thought, despite the widespread global initiative to ... Read more