Islamic Finance

Uzbekistan Announces New Charter From Madrid To Samarkand

RIYADH: Uzbekistan, which is set to host the 25th General Assembly of the UN World Tourism Organization, has announced t... Read more

Riyadh Air To Use AI For Green Flight Routes In Fight Against Climate Change

RIYADH: Saudi Arabia’s newest airline will use artificial intelligence to track the least carbon-emitting flight route... Read more

PIF-backed Lucid Opens First International EV Plant In Saudi Arabia

JEDDAH: Lucid Group, backed by the Public Investment Fund, on Wednesday opened its first international manufacturing fac... Read more

Sipchem Gets Nod For Blue Ammonia Plant In Saudi Arabia 

RIYADH: In a significant development, Sahara International Petrochemical Co., known as Sipchem, has received the green l... Read more

Closing Bell: TASI Edges Up 1.5% To Close At 11,077  

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,076.94 points on Wednesday, marking an increase of 158.70,... Read more

Saudi Arabia Grants Chinese Firms Licenses To Practice Logistics Activities 

RIYADH: Several Chinese firms will now be able to practice logistics activities in Saudi Arabia thanks to licenses grant... Read more

Boutique Group Identifies Three More Palaces For Conversion Into Ultra-luxury Hotels

ABU DHABI: Boutique Group, Saudi Arabia’s newly launched top-tier hospitality brand, has identified three more palaces... Read more

Elaf Groups Expansion Strategy Foresees Growth In Saudi Arabias Hospitality Sector 

ABU DHABI: The hospitality sector in Saudi Arabia is poised for further growth as the Elaf Group plans to add 5,000-6,00... Read more

Saudi Tourism Strategy Bearing Fruit As Revenue Hits $9.8bn In Q1 Of 2023, Says Official

ABU DHABI: As the world emerges from the shadows of the COVID-19 pandemic, Saudi Arabia is unveiling its true potential ... Read more

Increasing Connectivity To Play Crucial Role In Saudi Arabias Tourism Growth, Says Minister  

RIYADH: Saudi Arabia recognizes the importance of connectivity in fostering the growth of its tourism sector, stated Sau... Read more

No-show By Nissan Executives In Carlos Ghosn Hearing

In the trial which started on Monday in Lebanon in a case filed by former Nissan Motor Co. Chairman Carlos Ghosn, neithe... Read more

Saudi Minister Says Vision 2030 Aligns With UN SDGs

RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top gov... Read more

Tokyo Event Showcases Saudi Arabias NEOM 

TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Minist... Read more

Closing Bell – Saudi Arabias Main Index Marginally Slips To Close At 11,061 

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 po... Read more

Saudi Arabias HRDF To Join International Cybersecurity Organization

RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund rec... Read more