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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

Dubai Financial Market To Launch Carbon Credits Trading Platform At COP28

Islamic Finance - Published date: .

RIYADH: New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set ... Read more

IEA Forecasts 75% Drop In Global Oil And Gas Demand Needed By 2050 To Meet 1.5°C Target 

Islamic Finance - Published date: .

RIYADH: Global demand for oil and gas needs to decline by over 75 percent by 2050 to limit global warming to 1.5 degree... Read more

Dubai Attracts 92 New Businesses In First 9 Months Of 2023

Islamic Finance - Published date: .

RIYADH: Dubai witnessed 92 businesses relocate to the emirate in the first nine months of 2023 in a boost to its glob... Read more

UAE Top Banks Witness Strong Profitability Q3: Alvarez & Marsal 

Islamic Finance - Published date: .

RIYADH: The UAE’s top banks witnessed strong profitability in the third quarter of this year, primarily propelled by a... Read more

Dubais Inflation Moderates To 4.27% In October: Official Data

Islamic Finance - Published date: .

RIYADH: Dubai’s inflation rate slightly eased to 4.27 percent in October, compared to 4.5 percent in the previous year... Read more

Saudi Private Sector Reflects Steady Expansion In Q3

Islamic Finance - Published date: .

RIYADH: Corporate stability helped Saudi Arabia’s private sector maintain its continued expansion in the third quarter... Read more

Deal Worth $27m To Give New Impetus To Saudi-Australian Business Ties

Islamic Finance - Published date: .

RIYADH: Business ties between Saudi Arabia and Australia are set to gain momentum following the signing of a significant... Read more

Jeddah Airport Tops Kingdoms October Performance Rankings: GACA

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s King Abdulaziz International Airport outperformed other terminals in the Kingdom for overall pe... Read more

Saudi Arabia At Forefront Of Sustainability Initiatives In GCC: Report

Islamic Finance - Published date: .

RIYADH: Saudi Arabia, the UAE and Qatar are at the forefront of leading sustainability initiatives in the Gulf Cooperati... Read more

Petromin Corp. Launches First EV Maintenance Center In The Kingdom  

Islamic Finance - Published date: .

RIYADH: Saudi automotive services firm Petromin Corp. has introduced a hybrid and electric vehicle maintenance network a... Read more