Islamic Finance

2024 Marks Saudi Arabias Bold Leap Toward Technological Leadership

RIYADH: Saudi Arabia’s digital transformation journey reached new heights in 2024, solidifying its position as a globa... Read more

Saudi Aramco Cuts January 2025 LPG Prices

RIYADH: Saudi Aramco has reduced the official selling prices for propane and butane for January 2025. According to an ... Read more

Saudi Arabia, Canada To Strengthen Economic Ties After High-level Meeting

RIYADH: Economic cooperation was the focus of a high-level meeting between a top Saudi official and the Canadian Ambassa... Read more

ACWA Power Secures $703m For Egyptian Wind Power Plant 

RIYADH: Saudi utility giant ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and m... Read more

Saudi Startup Investment Shifts Focus To AI, Enterprise Software, And SMEs

RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, propelled by government-backed initiatives and an influx... Read more

Saudi Arabias Oil Legacy Fuels Shift To Renewable Energy Hub

RIYADH: Saudi Arabia’s established prowess in crude oil production could help the Kingdom emerge as a global leader in... Read more

Edtech In Saudi Arabia: Revolutionizing Education Through Innovation

RIYADH: Edtech, short for educational technology, refers to the use of technology—hardware, software, and digital reso... Read more

BNPL Emerges As The Preferred Payment Option For Saudi Consumers

RIYADH: The fintech landscape in Saudi Arabia is rapidly transforming daily financial practices, with buy now, pay later... Read more

Egypt Central Bank Keeps Overnight Interest Rates Steady

CAIRO: Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while in... Read more

Saudi Arabia Introduces New Laws To Streamline Business Registration And Trade Names

RIYADH: Saudi Arabia’s new regulations designed to streamline commercial registration and trade name processes have be... Read more

Oil Updates — Prices Set For Weekly Gain On China Stimulus Optimism 

RIYADH: Oil prices were little changed on Friday but were set for a weekly rise amid optimism that economic stimulus eff... Read more

ROSHN Launches First Residential Community In Makkah

JEDDAH: Saudi Arabia’s leading property developer, ROSHN, has officially launched its first residential community in M... Read more

Saudi Venture Capital Invests In Jadwa GCC Private Equity Fund 1

RIYADH: Saudi Venture Capital has invested in Jadwa GCC Private Equity Fund 1, managed by Jadwa Investment. The fund ... Read more

Closing Bell: Saudi Main Index Slips To Close At 11,859

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday, losing 32.85 points, or 0.28 percent, to close at ... Read more

Saudi Arabias Bond Maturities To Surge To $168bn, Outpacing GCC Peers By 2029

RIYADH: Saudi Arabia is poised to account for the largest share of bond maturities in the Gulf Cooperation Council regio... Read more