Islamic Finance

Tabuks Business Journey — A Navigation Of Growth And Vision

RIYADH: A young workforce, strong demand and attractive tourist offerings are helping transform Tabuk into one of Saudi... Read more

How Saudi Arabia Is Engineering A Water-secure Future

JEDDAH: Saudi Arabia is tackling water scarcity with bold steps toward a sustainable future. Through its National Water... Read more

Fintech, Gaming, And Health-care Capture Venture Interest

RIYADH: Startups across the Middle East and North Africa region continue to attract investor interest, with fintech, ga... Read more

Saudi Banks Shift Focus To Debt Markets During Sukuk Surge

RIYADH: As Saudi Arabia’s financial system turns increasingly to debt markets for funding, it will face new opportunit... Read more

Gold Set For 3rd Weekly Gain As Investors Seek Safe Haven

BENGALURU: Gold prices fell on Friday, but were poised for a third straight weekly gain, bolstered by safe-haven demand ... Read more

Oil Updates — Crude Rebounds As Ukraine Ceasefire Deal Remains Elusive

SINGAPORE: Oil prices rebounded on Friday to recover some of their losses of more than 1 percent in the previous session... Read more

IEA Sees Global Oil Market Surplus For 2025 As Demand Disappoints

LONDON: Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agen... Read more

Oil Updates — Crude Slips Amid Macroeconomic Concerns Despite Firm Demand Expectations

LONDON: Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected draw in US gasoli... Read more

Closing Bell: Saudi Main Index Closes In Green At 11,725

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 20.95 points, or 0.18 percent, closing at 11,725.88 on Thursday.... Read more

Saudi Money Supply Up 9% To Hit $791bn In January

RIYADH: Saudi Arabia’s money supply climbed to SR2.97 trillion ($791 billion) in January, marking a 9 percent annual r... Read more

BSF, Diriyah Co. Ink $1.6bn Financing Deal To Develop Wadi Safar Project

JEDDAH: Banque Saudi Fransi has signed a financing deal worth SR6 billion ($1.6 billion) with Diriyah Co. to develop the... Read more

UAE Joins Dividend Surge As Global Payouts Hit Record $1.75tn In 2024

RIYADH: The UAE was among 17 countries setting new dividend records in 2024 as global payouts surged to a record $1.75 t... Read more

PIF-backed Scopely Acquires Pokemon GO Maker For $3.5bn

RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed a deal worth $3.5 billio... Read more

Qatar To Provide Gas To Syria Via Jordan

BEIRUT: Qatar is set to provide Syria with gas via Jordan to improve the nation’s meagre electricity supply and boost ... Read more

Lebanon Readies 22 Deals For Signing With Saudi Arabia During High-level Visit

RIYADH: Lebanon has prepared the final drafts of 22 cooperation agreements with Saudi Arabia, setting the stage for a h... Read more