Islamic Finance

Oman Import Prices Jump 14.8% On Machinery Costs 

RIYADH: Oman’s import prices recorded a sharp increase in the final quarter of 2025, driven largely by higher machiner... Read more

Egyptian Banks Seen Resilient To Iran Conflict Shocks, Fitch Says

RIYADH: Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflic... Read more

Jordans Free Trade Agreements Drive 73% Of Exports

RIYADH: Countries linked to Jordan through free trade agreements accounted for 73.2 percent of the nation’s total ex... Read more

Saudi Arabias Producer Prices Edge Up 0.4%: GASTAT 

RIYADH: Saudi Arabia’s producer prices rose 0.4 percent in January from a year earlier, supported by higher utility c... Read more

Bahrains Aluminum Producer Alba Shuts Down 3 Smelting Lines, Cutting 19% Of Capacity

RIYADH: Bahrain’s aluminum producer Alba has shutdown 19 percent of its 1.6 million tonne-a-year production capaci... Read more

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... Read more

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