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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
Saudi Health Insurance Set To Cover 90% Of Population This Year, Says Industry Regulator
Islamic Finance - Published date: .
RIYADH: The number of Saudis signing up to health insurance schemes hit 11.46 million in the second quarter of 2023, up ... Read more
Closing Bell: Saudi Main Index Slips 56 Points To Close At 11,636
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped for the third day in a row, as it shed 56.16 points, or 0.48 pe... Read more
Saudia To Acquire 20 Airbus A321neo Aircraft By 2026
Islamic Finance - Published date: .
RIYADH: As part of its drive to meet growing demand, the Kingdom’s national carrier Saudia plans to add 20 fuel-effic... Read more
Saudi Arabia Swings Into Action Against Monopolistic Practices
Islamic Finance - Published date: .
RIYADH: In a move to enhance Saudi Arabia’s market performance, the General Authority for Competition imposed a SR10 m... Read more
Oman central Bank issues Treasury Bills Worth Over $70m
Islamic Finance - Published date: .
RIYADH: Oman issued treasury bills totaling 27 million rials ($70.1 million) this week for varying maturity peri... Read more
Aldar Properties Announces $131m Redevelopment Of UAEs Al-Jimi Mall, Al-Hamra Mall
Islamic Finance - Published date: .
ABU DHABI: Aldar Properties announced on Tuesday an investment plan worth AED 500 million ($131 million) to redevelop tw... Read more
UAE Revenues, Expenditures Decline During Q1 2023
Islamic Finance - Published date: .
RIYADH: The UAE’s government’s revenues and expenditures both saw downturns in the first quarter of 2023, with the t... Read more
SAMA Grants Permit To BNPL Platform Tabby
Islamic Finance - Published date: .
RIYADH: Reflecting its endeavor in supporting the fintech sector, the Saudi Central Bank has given the buy-now-pay-later... Read more
Qatars Free Zones Authority Joins With Development Bank To enhance Investment Climate
Islamic Finance - Published date: .
RIYADH: In a joint initiative aimed at enhancing the investment climate in Qatar, the country’s two leading insti... Read more
Saudi Arabia Closes July Sukuk Issuance At $700m
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s National Debt Management Center has closed its riyal-denominated sukuk program issuance for J... Read more