holidays


Saudi Leaders Are Almost 3 Times more Likely To Innovate during A Recession: Dell Technologies 

Islamic Finance - Published date: .

RIYADH: At a time of recession, Saudi leaders and adopters are 2.8 times more likely to accelerate innovation efforts, a... Read more

Dubai Inflation Rate Eases To 2% In June, Its Lowest Level Since Jan 2022  

Islamic Finance - Published date: .

RIYADH: Pulled back by decelerating food and transportation prices, Dubai’s inflation rate eased to 2.05 percent in J... Read more

Closing Bell: TASI Maintains Upward Trajectory For 2nd Consecutive Day 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, climbing 80.... Read more

Saudi Dairy Giant NADEC Signs Deal With Yadoum To Produce Fertilizer From Biowaste

Islamic Finance - Published date: .

RIYADH: In a bid to protect the environment, Saudi dairy giant National Agricultural Development Co. signed a deal with ... Read more

Saudi Arabia Jumps 8 Spots On global Shipping Ranking By Lloyds List  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia has jumped eight spots to claim 16th position in the international ranking for container handli... Read more

Saudi Arabia And Turkiye Sign Energy Cooperation Agreement

Islamic Finance - Published date: .

RIYADH: Saudi Arabia and Turkiye have signed an energy agreement aimed at boosting cooperation in oil and gas production... Read more

Almarai Begins Issuance Of US Dollar-denominated Trust Certificates 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s diary giant Almarai on Tuesday commenced the offer of US dollar-denominated trust certificates ... Read more

Saudi Aramco CEO Joins Board Of Directors At BlackRock  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s corporate leadership is reinforcing its position in international boardrooms, with Amin Nasser,... Read more

ADNOC To Roll Out Mideasts First High-speed Hydrogen Refueling Station    

Islamic Finance - Published date: .

RIYADH: The UAE’s National Hydrogen Strategy received a renewed push as the state-owned Abu Dhabi National Oil Co. beg... Read more

Saudi Startups Top MENA Region In Raising Funds In H1, Collects $446m 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s focus on encouraging entrepreneurship has paid off as startups in the Kingdom raised $446 milli... Read more

Egypts Sovereign Fund Enters Top 50 Global Wealth List: SWFI  

Islamic Finance - Published date: .

RIYADH: Egypt’s state wealth fund has attained 47th position in the top 100 largest sovereign funds by tot... Read more

Closing Bell: Saudi Main Index Slips Slightly To Close At 11,768  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped slightly by 11.56 points, or 0.10 percent, on Tuesday, to close ... Read more

Saudi Banks Set To Perform Well Despite Tighter Liquidity: Fitch 

Islamic Finance - Published date: .

RIYADH: Despite tighter liquidity, banks in Saudi Arabia are expected to perform well this year thanks to a favorable op... Read more

Bahrains Economy Grows In Q1 As Non-oil Sector Rises 3.5%  

Islamic Finance - Published date: .

RIYADH: Bahrain posted a real gross domestic product growth rate of 2 percent in the first quarter of 2023, fueled by a ... Read more

Maaden Makes Its Largest Ever Debt Repayment Of $800m 

Islamic Finance - Published date: .

RIYADH: A debt of SR3 billion ($800 million) was repaid by Saudi Arabian Mining Co., also known as Ma’aden, in what wa... Read more

King Abdulaziz Port Welcomes Its First LNG-powered Cargo Vessel  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s King Abdulaziz Port has received its first cargo ship powered by eco-friendly liquified natural... Read more

ROSHN Signs MoU With Expro To Develop Saudi Real Estate 

Islamic Finance - Published date: .

RIYADH: In a move to develop its residential communities, Saudi real estate developer ROSHN has signed a memorandum of ... Read more

UAE Economy Minister Visits Samsung HQ In South Korea

Islamic Finance - Published date: .

DUBAI: The UAE’s Minister of Economy Abdullah bin Touq Al-Marri recently led a delegation to electronics corporation S... Read more

Saudi Arabias SNB Capital Acquires $100m Stake In South Korean Car Battery Firm   

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s SNB Capital has agreed to invest $100 million in South Korean firm SK On as the car battery man... Read more

Cybersecurity Registrations In Saudi Arabia Rise 52% To Hit Over 2k In Q2  

Islamic Finance - Published date: .

RIYADH: Internet security is gaining prominence in Saudi Arabia, with an increasing number of cybersecurity firms gettin... Read more