weekly
Oil Updates — Prices Broadly Steady Amid OPEC+ Supply Cut Uncertainty, Demand Worries
Islamic Finance - Published date: .
LONDON: Oil prices were stable on Friday, as the market weighed conflicting messages on supply from Russia and Saudi Ara... Read more
US Money Market Funds See Big Inflows Amid Debt Ceiling Caution
Islamic Finance - Published date: .
BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadli... Read more
Visa Launches Initiative To Support Women Entrepreneurs In Saudi Arabia
Islamic Finance - Published date: .
RIYADH: In a bid to support women-owned small businesses in Saudi Arabia, Visa has launched the second edition of its Sh... Read more
Saudi Arabia, Iraq To Develop Special Economic Zone, Boost Trade
Islamic Finance - Published date: .
JEDDAH: Saudi Arabia and Iraq on Thursday signed a raft of agreements to boost economic cooperation and develop a specia... Read more
Saudi Venture Capital Invests $7.5m To Back SMEs, Startups
Islamic Finance - Published date: .
RIYADH: Entrepreneurs in Saudi Arabia are set to benefit from an investment of $7.5 million by Saudi Venture Capital int... Read more
Saudi Payments Honored For Best Transaction Experience In 2023
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Ma... Read more
British Business Secretary Excited By Progress Of GCC-UK Free Trade Deal Talks
Islamic Finance - Published date: .
RIYADH: Recently appointed British Secretary of State for Business and Trade Kemi Badenoch has highlighted the progress ... Read more
Saudi Low-cost Airline Flyadeal Hikes Daily Flights Between Riyadh And Dubai
Islamic Finance - Published date: .
RIYADH: In order to meet the growing travel demand between Riyadh and Dubai, flyadeal is going to increase daily flights... Read more
Saudi Arabias PIF Announces $3bn Investment Unit For Iraq
Islamic Finance - Published date: .
RIYADH: Aligning with its strategy to seek new investments in the Middle East and North Africa region, Saudi Arabia’s ... Read more
Saudi Minister Says Energy Cooperation With Arab, OPEC+ Countries Integral To Global Oil Markets
Islamic Finance - Published date: .
JEDDAH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said the Kingdom’s interest in energy cooperat... Read more
Russian Ruble Strengthens Slightly As West Imposes New Sanctions
Islamic Finance - Published date: .
LONDON: The Russian ruble firmed on Friday, pushing back past the level of 80 to the US dollar, helped by higher oil pri... Read more
Oil Rebounds On Fading Risk Of US Debt Default
Islamic Finance - Published date: .
SINGAPORE: Oil prices rebounded on Friday from losses of more than 1 percent the previous day as investors turned cauti... Read more
Global Markets: Stocks Lifted To Month-high By US Debt Ceiling Hopes
Islamic Finance - Published date: .
LONDON/SINGAPORE: Global shares hit a one-month high on Friday as markets reflected increased hopes of a US debt ceiling... Read more
Saudi Arabias M3 Money Supply Surges 4.74% Since End Of December
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s M3 money supply has surged 4.74 percent since December 2022, according to data released by the ... Read more
Etihad Rail Partners With Italian Firm Arsenale To Launch Luxury Train Service In The UAE
Islamic Finance - Published date: .
RIYADH: Travelers will have access to a luxury train service in the UAE after national railway network operator Etihad R... Read more
Closing Bell: TASI Rises 66.80 Points As Healthcare Stocks Dominate
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 66.80 points, or 0.59 percent, to close at 11,344.40 on Thursday... Read more
Saudi Industry To Bolster Trade Ties With Russian Companies At Key Event
Islamic Finance - Published date: .
RIYADH: Prominent industrialists from Russia will be visiting Saudi Arabia from May 29-30 to bolster trade and economic ... Read more
IHG Hotels & Resorts To Open 12 Holiday Inn Express Hotels In Saudi Arabia
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s hospitality and tourism sector will witness a new wave of growth and investments with IHG Hotel... Read more
Jabal Omar Development Co. Receives License To Operate 5-star Tower
Islamic Finance - Published date: .
RIYADH: Jabal Omar Development Co. has been handed the license to operate the first tower of Saudi Arabia’s Jabal Omar... Read more
Gold Retreats As Dollar Gains Upper Hand
Islamic Finance - Published date: .
BENGALURU, India: Gold retreated on Thursday as rival safe-haven dollar advanced and outweighed support for bullion from... Read more