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Closing Bell: TASI Rises To 11,664 Points As Trading Turnover Hits $2bn  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 77.57 points, or 0.67 percent, to close at 11,... Read more

Egyptian Govt To Bear 11% Of Cost Of New Tourist Rooms: Minister   

Islamic Finance - Published date: .

RIYADH: In a bid to further develop the country’s tourism sector, the Egyptian government is set to launch an initiati... Read more

Saudi Arabia Ranks 2nd In Latest Global Entrepreneurship Index  

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s efforts to create a conducive environment for new businesses have seen the Kingdom secure the s... Read more

Lifeline To Islamabad: Saudi Arabia Deposits $2bn In Pakistani Central Bank

Islamic Finance - Published date: .

KARACHI: Saudi Arabia has deposited $2 billion in Pakistan’s central bank, Finance Minister Ishaq Dar announced on Tue... Read more

Saudi Arabia Secures Presidency Of ICAOs Aviation Security Committee  

Islamic Finance - Published date: .

RIYADH: Marking a significant achievement for its airspace sector, Saudi Arabia has secured the presidency of one of the... Read more

Oil Updates — Crude Rises As Markets Weigh Supply Cuts

Islamic Finance - Published date: .

RIYADH: Oil prices rose on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia ag... Read more

Kuwait Rejects Iranian Drilling Plans On Al-Durra Gas Field: KUNA

Islamic Finance - Published date: .

RIYADH: Kuwait has rejected Iran’s “claims” over the Al-Durra gas field, stressing that it owns exclusive rights t... Read more

Bahrain And UK Sign Digital Economy Trade Partnership

Islamic Finance - Published date: .

RIYADH: Bahrain’s economic ties with the UK have been further strengthened after the countries signed a digital econom... Read more

Red Sea Global Partners With Global Water Sports Brand North Sails   

Islamic Finance - Published date: .

RIYADH: In an effort to promote sustainable water sports in Saudi Arabia, Public Investment Fund-owned developer Red Sea... Read more

Saudi Arabia To Play Key Role In Cypruss Tourism Diversification, Minister Says During Visit To Kingdom

Islamic Finance - Published date: .

RIYADH: Cyprus’s deputy tourism minister believes boosting ties with Saudi Arabia is a key part of helping his country... Read more

Qatars Non-oil Sector Maintains Growth As PMI Hits 53.8 In June

Islamic Finance - Published date: .

RIYADH: The non-oil private sector in Qatar continued to maintain its healthy growth in June, as the country’s Purchas... Read more

Closing Bell: Saudi Main Index Rallies For 3rd Consecutive Day

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the third day in a row, gaining 73.59 po... Read more

Travel Spending In The Kingdom Jumps Over 224% To Hit $9.8bn In Q1: SAMA

Islamic Finance - Published date: .

RIYADH: Travel spending in Saudi Arabia jumped 224.6 percent year on year to hit $9.8 billion in the first quarter of 20... Read more

Brazils BRF Launches Share Offering, Opening Room For Saudi Investment

Islamic Finance - Published date: .

SAO PAULO: Brazilian food processor BRF said on Tuesday it has filed for a follow-on share offering that will allow the ... Read more

Central Bank Of Oman Issues Treasury Bills Worth $90.9m

Islamic Finance - Published date: .

RIYADH: The Central Bank of Oman has revealed that the total value of government treasury bills issued this week amounte... Read more

UAE To Triple Contribution Of Renewables To Energy mix Over Next 7 Years   

Islamic Finance - Published date: .

RIYADH: In a push towards sustainability, the UAE aims to triple the contribution of renewable energy to the country's e... Read more

Kazakhstans Air Astana Opens Ticket Sales For New Jeddah Flights

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s tourism sector is expected to get a further boost, with Kazakhstan’s Air Astana opening ticke... Read more

Saudi Minister Meets Huawei CEO To Expand Partnership And Boost Digital Economy

Islamic Finance - Published date: .

RIYADH: Saudi Arabia and China are exploring opportunities to cooperate in technology and related infrastructure, with t... Read more

Chinese Economy To Rebound In 2023 To Hit 5% Annual Growth: Premier Li

Islamic Finance - Published date: .

RIYADH: The Chinese economy is expected to rebound strongly in the second quarter of this year, and will mark an overa... Read more

Israels Tech Sector Troubles Persist In 2023, State Agency Says

Islamic Finance - Published date: .

JERUSALEM: A slowdown in Israel’s technology sector has worsened in 2023, exacerbated by political turmoil, and the co... Read more