Foundation
Closing Bell: Saudi Main Index Rises To Close At 12,145
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 216.56 points, or 1.82 percent, to close at 1... Read more
Abu Dhabi Unveils MEAs First Processing Facility For Enzyme-based Fuel Additives
Islamic Finance - Published date: .
RIYADH: Abu Dhabi has unveiled the first advanced facility in the Middle East and Africa for treating fuel additives, ai... Read more
Shipping Volume In Suez Canal Drops 28% after Disruptions
Islamic Finance - Published date: .
RIYADH: Shipping volume in the Suez Canal dropped 28 percent year on year in the 10 days ending Jan. 2, official data ha... Read more
Saudi Arabia Gives Green Light To 2024 Annual Borrowing Plan
Islamic Finance - Published date: .
RIYADH: The Saudi finance minister has officially approved the Kingdom’s annual borrowing plan for 2024, covering vari... Read more
Saudi Companies Brace For Increased Energy Bills As Aramco Raises Prices
Islamic Finance - Published date: .
RIYADH: Several companies in Saudi Arabia announced expectations of higher energy bills following Aramco raising its pr... Read more
SAMAs Total Assets In November Reach $485.64tn
Islamic Finance - Published date: .
RIYADH: The total assets of the Saudi Central Bank, also known as SAMA, in November rose by 3.25 percent as compared to... Read more
Egypt Seals 29 Deals In 2023 To Search For Oil And Gas
Islamic Finance - Published date: .
RIYADH: Egypt’s petroleum sector made huge strides in 2023 with the signing of 29 agreements valued at $1.2 billion fo... Read more
Closing Bell: TASI Closes At Highest Level Since October 2022
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index experienced a rise on Thursday, gaining 42.57 points, or 0.36 percent, ... Read more
Saudi Railways In Deal With Bahri To Provide International Freight Services
Islamic Finance - Published date: .
RIYADH: International freight forwarding services across the Kingdom will be strengthened further as Saudi Arabia Railwa... Read more
AROYA Cruises Unveils First Cruise Ship
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s cruise sector is poised for a significant transformation with the unveiling of a new vessel by ... Read more
Jordan To Restrict Essential Goods Exports
Islamic Finance - Published date: .
RIYADH: Jordan has regulated the export and re-export of essential goods, including rice and sugar, amid soaring shippin... Read more
Saudi Fintech Platform Closes $15m Series A Funding Round
Islamic Finance - Published date: .
RIYADH: Saudi digital lending platform Tameed, specializing in Shariah-compliant financing for small and medium enterpri... Read more
SAMA To Host 43rd IFSB Council Meeting In Jeddah
Islamic Finance - Published date: .
RIYADH: The role of Shariah-compliant funding in fostering sustainable economic growth will take center stage at the 43r... Read more
NHC And New Murabba Development Co. Sign MoU To Raise Sustainability Standards
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s latest downtown project in Riyadh is set to prioritize sustainability as New Murabba Developmen... Read more
SFDA Obtains WHO Certificate On Food Free Of Artificial Trans Fats
Islamic Finance - Published date: .
RIYADH: Saudi Arabia is among five countries to have received a recognition certification from the World Health Organiza... Read more
Oil Updates – Crude Extends Weekly Gains, Up 1 Percent As Red Sea Tension Persists
Islamic Finance - Published date: .
SINGAPORE: Oil prices rose as much as 1 percent on Friday as tensions persisted in the Middle East following Houthi atta... Read more
Saudi Arabia To Unveil Findings Of Geological Surveys At Future Mining Forum
Islamic Finance - Published date: .
RIYADH: The Saudi Geological Survey will announce the findings of various geological survey projects at the upcoming Thi... Read more
Saudi Arabia Launches Carbon Capture Facility In Rabigh
Islamic Finance - Published date: .
RIYADH: Saudi Arabia has stepped up its commitment toward climate change by launching a carbon capture and utilization f... Read more
Saudi Wealth Fund Invests In Saudia Technic To Boost Its Capabilities
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Public Investment Fund on Thursday announced the signing of an agreement to invest in Saudia Te... Read more
Saudi NDMC Seals $1.09bn Financing Deal With Italy To Bolster Commercial Ties
Islamic Finance - Published date: .
RIYADH: Commercial and investment ties between Saudi Arabia and Italy are set to flourish thanks to a new €1 billion ... Read more