Islamic Finance

Saudi Cultural Sector Attracts $500m In FDI, 1,700 Foreign Investors, Says Al-Falih

RIYADH: Saudi Arabia’s cultural sector has attracted $500 million in foreign investment and 1,700 non-Saudi inves... Read more

Arab Region Secures $351bn In Foreign Renewable Energy Projects: Report

JEDDAH: The Arab world attracted 360 foreign renewable energy projects between January 2003 and December 2024, with inve... Read more

AWS And IBM Partner Over Riyadh Innovation Hub To Fast-track Cloud Adoption

RIYADH: Amazon Web Services and IBM Consulting are set to fast-track cloud adoption in Saudi Arabia, with new investment... Read more

New Saudi Art Ecosystem Thanks To CMA-regulated Fund, Audi Capital MENA CEO Explains

RIYADH: Saudi Arabia’s cultural economy will see fresh momentum with the launch of the Audi Capital MENA Art Fund, a f... Read more

Minister Of Economy And Planning Participates In The Cultural Investment Conference 2025

RIYADH: Minister of Economy and Planning Faisal Alibrahim on Monday participated in the Cultural Investment Conference 2... Read more

Jeddah Set For $1bn Trump Plaza, Saudi Developer Dar Global Reveals

JEDDAH: Saudi developer Dar Global plans a $1 billion Trump Plaza Jeddah in its second collaboration with the Trump Org... Read more

 Zakat Authority And Culture Ministry Sign Cooperation Agreement 

RIYADH: Saudi Arabia’s Zakat, Tax and Customs Authority and the Ministry of Culture signed a cooperation agreement to ... Read more

Saudi Box Office Growth Extraordinary, Could Mirror England, Sony Executive Says

JEDDAH: Saudi Arabia’s cinema box office is already comparable in size to England’s with the right marketing, said T... Read more

PIF-backed Agritourism Brand Solan Announced

RIYADH: Saudi Arabia’s tourism landscape is set to transform with “Solan,” a new hospitality brand launched by Dan... Read more

Saudi Arabia To Open Regions First Cultural University In 2026

RIYADH: Saudi Arabia will establish the Middle East and North Africa’s first cultural university as it steps up invest... Read more

Global M&A Hits $2.6tn Peak Year-to-date, Boosted By AI And Quest For Growth

LONDON: Global dealmaking has reached $2.6 trillion, the highest for the first seven months of the year since the 2021 ... Read more

Oil Updates — Crude Little Changed As OPEC+ Output Hikes Counter Russia Disruption Concerns

BENGALURU/SINGAPORE: Oil prices were little changed on Tuesday as traders assessed rising supply by OPEC+ against worrie... Read more

Aramco Posts $22.67bn Q2 Profit Amid Market Volatility 

RIYADH: Saudi Aramco reported a net profit of $22.67 billion for the second quarter of 2025, underscoring its operationa... Read more

Kuwait, Qatar, UAE Maintain Non-oil Growth Momentum; Egypt Shows Recovery Signs While Lebanon Struggles

RIYADH: Non-oil business activity in the Middle East showed mixed trends in July, with Kuwait, the UAE, and Qatar maint... Read more

Saudi Arabias Non-oil Growth Stays Strong Despite Softer July PMI

RIYADH: Saudi Arabia’s non-oil business activity continued to expand in July, even as growth momentum softened, with t... Read more