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GCC Trade With India, Brazil Of Growing Significance As It Reaches $195bn, Says Al-Budaiwi

Islamic Finance - Published date: .

RIYADH: Trade between the Gulf Cooperation Council and its partners India and Brazil reached nearly $195.1 billion in 20... Read more

Future Investment Initiative To Kick Off 8th Edition In October

Islamic Finance - Published date: .

RIYADH: Developing new strategies to address global challenges will be a key topic at the eighth edition of the Future I... Read more

AMAK Joins Hands With UK Firm To Advance Exploration In Saudi Arabia

Islamic Finance - Published date: .

RIYADH: Saudi firm Al-Masane Al-Kobra Mining Co. has signed a letter of intent with UK-based Power Metal Resources to es... Read more

Saudi Industrial Production Index Rises 1.6% In July On Manufacturing Growth 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, dri... Read more

Closing Bell: Saudi Main Index Rises To Close At 11,986

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 23.7 points, or 0.2 percent, to close at 11,9... Read more

Saudi Arabia To Scale Back Debt Issuance In H2: Fitch Ratings

Islamic Finance - Published date: .

RIYADH: Saudi Arabia plans to reduce its debt issuance in the second half of 2024, thanks to substantial dividend paymen... Read more

Standard Chartered Starts Custody Services For Digital Assets In UAE

Islamic Finance - Published date: .

DUBAI: Standard Chartered said on Tuesday it had begun offering digital asset custody services in the UAE, with Brevan H... Read more

Financial Sector Key Aspect Of High-level Saudi Arabia And Germany Talks  

Islamic Finance - Published date: .

JEDDAH: Saudi Arabia and Germany are set to strengthen their economic ties in the finance sector following high-level ta... Read more

Egypt Looks To Secure Bank Financing To Strengthen Food Security

Islamic Finance - Published date: .

RIYADH: Egypt is actively seeking bank financing to purchase essential commodities and strengthen strategic reserves as ... Read more

Saudi Arabia To Develop $3.3bn Sports Complex With UK Tech Partnership

Islamic Finance - Published date: .

RIYADH: Saudi Arabia is set to develop a $3.3 billion sports complex through a new partnership between Alpha Jossor Inve... Read more

Saudi Arabia To Achieve FDI Target Of $24bn In 2024: Standard Chartered

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s updated investment law and a slew of recent reforms could help the country achieve its goal of ... Read more

Saudi Arabias Pharma, Medical Device Factories Surge To 206 With $2.6bn Investments

Islamic Finance - Published date: .

RIYADH: The number of pharmaceutical and medical device factories in Saudi Arabia has reached 206, with investments tota... Read more

Closing Bell: TASI Edges Down To Close At 12,261 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,261.18 points on Monday, losing 1.46 points, or 0.01 perce... Read more

PIFs Savvy Games Group Partners With Xsolla To Launch Gaming Hub In Riyadh

Islamic Finance - Published date: .

RIYADH: Public Investment Fund-owned Savvy Games Group has signed a memorandum of understanding with international gamin... Read more

Saudi Arabia, Ethiopia Form Business Council To Boost Economic Ties

Islamic Finance - Published date: .

JEDDAH: Saudi Arabia and Ethiopia are set to strengthen their economic ties with the establishment of a new business cou... Read more

Qatar Strikes Another 15-year LNG Supply Deal With Kuwait 

Islamic Finance - Published date: .

KUWAIT: Qatar agreed on Monday to supply Kuwait with 3 million tonnes per annum of liquefied natural gas for 15 years, t... Read more

Riyadh Firms Launch $405m Partnership To Transform Historic Qasr Al-Hukm Area

Islamic Finance - Published date: .

RIYADH: Two major state-owned and publicly listed companies have formed a partnership to oversee the development and ma... Read more

UAEs Mubadala Acquires Full Ownership Of UCB Pharmas China Business With CBC Group

Islamic Finance - Published date: .

RIYADH: UAE sovereign wealth fund Mubadala Investment Co. has acquired 100 percent ownership of UCB Pharma’s mature bu... Read more

Saudi Housing Sector Secures Key US Deals To Boost Real Estate Development

Islamic Finance - Published date: .

JEDDAH: Saudi Arabia’s housing sector has strengthened its international partnerships by signing five key agreements o... Read more