Islamic Finance

Riyadh Metro Spurs Residential Property Boom: Knight Frank 

RIYADH: The opening of the Riyadh Metro has transformed the Saudi capital’s housing market, with villa prices near s...

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Saudi POS Transactions Hold Above $3bn In Mid-October 

RIYADH: Saudi Arabia’s point-of-sale transactions remained above the $3 billion mark for the third consecutive week, u... Read more

IMF Expects MENA Inflation To Ease In 2025 And 2026 

RIYADH: Lower energy costs will help inflation ease to 12.2 percent this year and 10.3 percent in 2026 across the Middle... Read more

Global ESG Sukuk Market Hits Record $6.5bn In Q3, Set For Strong 2026, Says Fitch 

RIYADH: The global market for environmental, social and governance sukuk reached a record $6.5 billion in the third quar... Read more

Saudi Ride-hailing Trips Surge 78% In Q3, Topping 39m

RIYADH: Saudi Arabia’s ride-hailing sector witnessed a major surge during the third quarter of 2025, reaching 39.04 mi... Read more

PIFs EA Deal: Whats Happening Behind The Scenes In Esports?

RIYADH: Just weeks after the conclusion of the second edition of the Esports World Cup, the Saudis were ready for the ne... Read more

Closing Bell: Saudi Main Index Closes In Red At 11,546 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, falling 98.75 points, or 0.85 percent, to close at ... Read more

Goldman Sachs Expands Wealth Management In Saudi Arabia, Targeting Ultra-rich 

RIYADH: Goldman Sachs is expanding its wealth management division in Saudi Arabia, the bank said, as global financial fi... Read more

PIFs Soudah Development Partners With FII Institute To Boost Sustainable Tourism 

RIYADH: Saudi Arabia’s Public Investment Fund–owned Soudah Development has signed a strategic partnership with the ... Read more

Madinah Advances Development Projects Worth Over $53bn 

RIYADH: Saudi Arabia’s Madinah region is advancing more than 224 development projects valued at over SR200 billion ($5... Read more

Saudi Cultural Sector Attracts $500m In FDI, 1,700 Foreign Investors, Says Al-Falih

RIYADH: Saudi Arabia’s cultural sector has attracted $500 million in foreign investment and 1,700 non-Saudi inves... Read more

Arab Region Secures $351bn In Foreign Renewable Energy Projects: Report

JEDDAH: The Arab world attracted 360 foreign renewable energy projects between January 2003 and December 2024, with inve... Read more

AWS And IBM Partner Over Riyadh Innovation Hub To Fast-track Cloud Adoption

RIYADH: Amazon Web Services and IBM Consulting are set to fast-track cloud adoption in Saudi Arabia, with new investment... Read more

New Saudi Art Ecosystem Thanks To CMA-regulated Fund, Audi Capital MENA CEO Explains

RIYADH: Saudi Arabia’s cultural economy will see fresh momentum with the launch of the Audi Capital MENA Art Fund, a f... Read more

Minister Of Economy And Planning Participates In The Cultural Investment Conference 2025

RIYADH: Minister of Economy and Planning Faisal Alibrahim on Monday participated in the Cultural Investment Conference 2... Read more