Islamic Finance

Qatars Duty To Help Syria, Global Debt Poses Economic Crisis: Finance Minister

DAVOS: Qatar considers it a duty to support Syria and its new administration after 14 years of devastating civil war, Qa... Read more

Saudi Arabias Non-oil GDP Defying Expectations, Finance Minister Tells World Economic Forum

DAVOS: Saudi Arabia’s finance minister on Wednesday said that the recent International Monetary Fund downgrading of it... Read more

Saudi Vision 2030 Spurring Growth Across The Real Estate Sector, Says Industry Leader At Davos

DAVOS: Saudi Arabia’s real estate sector is undergoing a transformation that ranges from affordable housing to luxury ... Read more

AI Can Offer Solutions For Water Scarcity Say WEF Panelists

DUBAI: Artificial intelligence can be used to reduce wastewater and redesign systems to facilitate resource recycling, a... Read more

Closing Bell: Saudi Arabias Main market Dips Slightly To 12,362

RIYADH: Saudi Arabia’s Tadawul All Share Index was steady on Wednesday, as it marginally shed 7.21 points or 0.06 per... Read more

Omans Asyad Group Plans To Sell At Least 20% Of Shipping Unit Via IPO

DUBAI: Oman’s state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initia... Read more

Saudi Crude Output Up 1.21% To Hit 8.92m Bpd: JODI 

RIYADH: Saudi Arabia’s crude oil production rose to 8.92 million barrels per day in November, a 1.21 percent annual ... Read more

Ogero Resumes Telecom Expansion In Lebanon, Boosting Connectivity And Major Upgrades

RIYADH: Lebanon’s state-owned telecom company Ogero is working to restore and expand the country’s connectivity afte... Read more

Up To 40 Canadian Firms Eyeing Investment In Saudi Arabias Healthcare Sector

RIYADH: Up to 40 Canadian firms are eying investment in Saudi Arabia’s healthcare sector amid efforts to strengthen ec... Read more

Saudi Arabia, Palestine To Boost Trade With Formation Of New Business Council

RIYADH: Saudi Arabia and Palestine have agreed to form a business council to boost bilateral trade and promote investmen... Read more

Saudi SME Job Growth Hits 10-month High Amid Expansion Plans 

RIYADH: Saudi Arabia’s small and medium enterprises recorded their strongest employment growth in 10 months during Dec... Read more

Saudi Arabia Allocates $2.66bn to Activate Standard Incentives Program For The Industrial Sector

RIYADH: Saudi Arabia announced the allocation of SR10 billion ($2.66 billion) to activate the Standard Incentives Progra... Read more

Saudi Arabia De-risks Investments To Attract Foreign SMEs: Al-Falih

RIYADH: Saudi Arabia is de-risking investments for foreign small and medium-sized enterprises to encourage their entry i... Read more

Saudi Arabias New Incentive Program To Attract High-value Industrial Investments: Alkhorayef

RIYADH: Saudi Arabia is taking a flexible approach to distributing its SR10 billion ($2.66 billion) standardized incenti... Read more

Closing Bell: Saudi Main Index Rises To Close At 12,126

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 29.22 points, or 0.24 percent, to close at 12,1... Read more