spring


Saudi-Vietnamese Joint Committee Explores Ways To Boost Trade

Islamic Finance - Published date: .

RIYADH: Trade exchange between Saudi Arabia and Vietnam is on course to prosper following discussions in a ministerial m... Read more

Central Bank Of UAEs Assets Rise 1.3% To $1.08tn

Islamic Finance - Published date: .

RIYADH: Total assets held by the Central Bank of UAE rose to $3.95 trillion dirhams ($1.08 trillion) by the end of Septe... Read more

Middle East Air Carriers profit To Hit $3.1bn In 2024: IATA

Islamic Finance - Published date: .

RIYADH: The profit of air carriers operating in the Middle East is expected to hit $3.1 billion in 2024, representing a... Read more

Turkish Banks Secure $40m Murabaha Deal With ITFC To Boost Private Sector Financing  

Islamic Finance - Published date: .

RIYADH: Turkiye’s private sector is poised to benefit from Murabaha financing, with two of the country’s banks signi... Read more

Africa Needs $87bn Annually To Adapt to Climate Change: UN Official

Islamic Finance - Published date: .

RIYADH: Africa needs $87 billion annually to implement programs enhancing the continent’s adaptation to climate chang... Read more

Brazil Presidents Saudi Visit Shows Desire For Stronger Ties

Islamic Finance - Published date: .

SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation of ministers and businesspeople s... Read more

Saudi Arabia Extends 1 Million Bpd Voluntary Cuts Until Q1 2024

Islamic Finance - Published date: .

RIYADH: Saudi Arabia on Tuesday decided to extend its voluntary crude output cuts of 1 million barrels per day until the... Read more

Saudi Aramco Sets LPG Contract Prices For December

Islamic Finance - Published date: .

RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, kept the official selling prices for liquefied petroleum ... Read more

Closing Bell: Saudi Main Index Rises To Close At 11,177 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 74.43 points, or 0.67 percent, to close at 1... Read more

Saudi Arabia Railways, Al-Jabr Enter 4-year Vehicle Transport Deal 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by tr... Read more

Business & Philanthropy Forum To Highlight Inclusive Approach For Equitable Climate Solutions

Islamic Finance - Published date: .

DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate cha... Read more

Saudi Arabia Studies Graphite, Rare Earths Trading Platform — Minister

Islamic Finance - Published date: .

LONDON: Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, includ... Read more

Dubai Taxi Co. Sees Tremendous Demand Worth $41bn For Oversubscribed Offering

Islamic Finance - Published date: .

RIYADH: Dubai Taxi Co. hit a record high for its 1.2 billion dirhams ($315 million) initial public offering, with orders... Read more

Chinas Factories Fall Deeper Into Contraction, More Policy Support Expected

Islamic Finance - Published date: .

BEIJING: China’s manufacturing activity shrank for a second straight month in November and at a quicker pace, suggesti... Read more

Expo 2025 Host Osaka Congratulates Riyadhs Expo 2030 Win

Islamic Finance - Published date: .

TOKYO: Osaka Gov. Yoshimura Hirofumi congratulated Saudi Arabia after Riyadh was named the venue for Expo 2030. “As ... Read more

Turkiyes Central Bank Raises Interest Rate To 40% To Tame Rising Inflation

Islamic Finance - Published date: .

RIYADH: For the 6th consecutive time, Turkiye’s central bank has raised the one-week repo rate to 40 percent, signalin... Read more

Koreas CJ Logistics Partners With Nesma To Widen Footprint In The Middle East 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s logistics sector is set to undergo positive transformations thanks to a new agreement between ... Read more

UN Chief, El-Sisi Call For multilateral Development Banks Reform

Islamic Finance - Published date: .

RIYADH: Multilateral development banks need urgent reform to help meet the financial needs of developing countries, the... Read more

Closing Bell: Tadawul Slips Slightly To Close At 11,078

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 21.90 points or 0.20 percent on Thursday to close at 11,078.08.  ... Read more

UAEs Masdar And Emirates Steel Arkan Partner To Decarbonize Hard-to-abate Steel Sector

Islamic Finance - Published date: .

RIYADH: The UAE’s hard-to-abate steel sector is on course to witness accelerated decarbonization efforts thanks to a n... Read more