outlook
HSBC Allocates $1bn To Back Early-stage Climate Tech Startups
Islamic Finance - Published date: .
RIYADH: In a move aimed at bolstering global sustainability efforts, HSBC has committed to providing $1 billion in finan... Read more
Flydubai Sees Record Number Of Passengers Over The Summer
Islamic Finance - Published date: .
RIYADH: The UAE-based flydubai airline recorded a historic increase in its seasonal operations by carrying over 4 milli... Read more
PIF Supporting Real Estate Renaissance In Saudi Arabia
Islamic Finance - Published date: .
RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investmen... Read more
Abdul Latif Jameel Picks Amazon As Its Digital Transformation Partner
Islamic Finance - Published date: .
RIYADH: In a significant step toward its digital transformation efforts, Abdul Latif Jameel, a family-owned business gro... Read more
PIF-backed ADES Sets Offering Price At $3.60 Per Share: Report
Islamic Finance - Published date: .
RIYADH: ADES Holding Co., partially owned by Saudi Arabia’s Public Investment Fund (PIF), has reportedly set the final... Read more
Deal Signed To Open Marriotts Autograph Collection Hotel In AlUla
Islamic Finance - Published date: .
RIYADH: The historic city of AlUla in Saudi Arabia is set to play host to a Marriott International Autograph Collectio... Read more
Container Volume At Saudi Ports Increase 4.8%
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s ports witnessed an annual surge of 4.79 percent in cargo operations in August 2023, recording a... Read more
Russia Eyes Stronger Economic Ties With India
Islamic Finance - Published date: .
VLADIVOSTOK: Describing India as a “longstanding friend of Russia,” a top Russian official stressed the need for str... Read more
KSAs Aljazira Capital, Osus Establish Real Estate Investment Fund
Islamic Finance - Published date: .
RIYADH: In a bid to boost mixed-use projects in Riyadh, Saudi Arabia’s Aljazira Capital and Osus Real Estate Co. have ... Read more
New Water Transmission Project Launched For Makkah, Madinah
Islamic Finance - Published date: .
RIYADH: In a bid to boost Saudi Arabia’s water infrastructure, Alkhorayef Water and Power Technologies Co. will build ... Read more
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