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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
Saudi Arabias Petchem Sector Boosted By New Digital Platform
Islamic Finance - Published date: .
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
Qatar Sees 36% Rise In Building Permits Issued In July
Islamic Finance - Published date: .
RIYADH: Qatar’s construction sector is experiencing robust growth, with the nation documenting a 36 percent month-on-m... Read more
ACWA Power Restructures Debt And Ownership In Turkish Affiliate
Islamic Finance - Published date: .
RIYADH: Saudi utility giant ACWA Power has restructured debt and ownership in its Turkish affiliate, converting outstand... Read more
Saudi Arabias Non-oil Activities Increase By 2.2% In June: GASTAT
Islamic Finance - Published date: .
RIYADH: Saudi Arabia's non-oil activities saw a 2.2 percent increase in June compared to the previous month, signaling o... Read more
Maadens Profits Surge 160% To Reach $532bn In First Half Of 2024
Islamic Finance - Published date: .
RIYADH: Saudi Arabian Mining Co., widely known as Ma’aden, achieved a net profit of SR2 billion ($532 million) in the ... Read more
Saudi Arabias King Abdulaziz Port Enhances Connectivity With New Shipping Service
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s King Abdulaziz Port in Dammam is set to enhance its maritime links with key ports in India and ... Read more
Closing Bell: Saudi Benchmark Index Rises To Close At 11,771
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 104.57 points, or 0.90 percent, to close at 11,... Read more
Riyadh Air Unveils 1st Electric Bus As Part Of Sustainable Transport Initiative
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Riyadh Air has introduced the first bus in its fleet of electric coaches for employee transport... Read more
Abu Dhabis ADQ To Acquire Minority Stake In Auction House Sothebys
Islamic Finance - Published date: .
RIYADH: Abu Dhabi’s sovereign wealth fund is set to acquire a minority stake in Sotheby’s auction house, highlightin... Read more
Saudi Arabia Unveils Updated Investment Law To Facilitate Foreign Investors
Islamic Finance - Published date: .
RIYADH: Saudi Arabia has announced a significant overhaul of its investment law as part of its Vision 2030 reform strate... Read more
Expat Remittances From Saudi Arabia Hits $3.2bn In June
Islamic Finance - Published date: .
RIYADH: Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 pe... Read more