Islamic Finance

Oman Launches Food Security Projects To Ensure Supply, Sustainability

JEDDAH: Oman has launched new food security initiatives, partnering with government entities and the private sector to s... Read more

Folk Maritime Expands Sustainability And Connectivity In Middle East Shipping 

RIYADH: Trade facilitation specialist Folk Maritime Services has secured a strategic agreement with Shanghai CIMC Yangsh... Read more

UAEs AD Ports Group Doubles Credit Facility To $2.13bn

RIYADH: The UAE’s Abu Dhabi Ports Group has successfully refinanced and more than doubled its revolving credit facilit... Read more

UAE, Hong Kong Ink Deal To Expand Cross-border Debt Issuance And Investment 

RIYADH: The UAE and Hong Kong are set to deepen ties in cross-border debt securities issuance and investment after their... Read more

Harnessing The Sun: Saudi Arabias Solar Revolution

RIYADH: Saudi Arabia is a world leader when it comes to extracting energy sources from the ground, but it is the Kingdom... Read more

Startup Wrap – MENA Startup Ecosystem Flourishes As Year Comes To An End

RIYADH: Startups across the Middle East and North Africa region are gaining momentum, with funding rounds and expansions... Read more

Wake Up And Smell The Climate Crisis: Coffee Prices Set To Increase In 2025

RIYADH: It is the caffeine, not the cost, of a morning coffee that is supposed to help you shake off any lingering sleep... Read more

Oil Updates – Crude Falls On Demand Growth Concerns, Robust Dollar

LONDON, Dec 20 : Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer Chin... Read more

Saudi Arabia Emerging As Global Cybersecurity Guardian: Digital Experts

RIYADH: From protecting its growing digital infrastructure to exporting cybersecurity technologies and expertise, Saudi ... Read more

Robust Manufacturing Sector Lifts Saudi Industrial Index By 5%: GASTAT

RIYADH: Saudi Arabia’s industrial production index rose by 5 percent year on year in October, driven by robust growth ... Read more

Oil Update – Prices Ease, But China Policy Stance Checks Losses

LONDON: Oil prices slipped on Tuesday as concerns eased about the fallout from Syrian President Bashar Assad’s overthr... Read more

UAE To Impose 15% Minimum Top-up Tax On Large Multinationals From January

DUBAI: The UAE will impose a minimum top-up tax (DMTT) of 15 percent on large multinational companies operating in the c... Read more

Egypts Annual Urban Consumer Price Inflation At 25.5% In November 

DUBAI: Egypt’s annual urban consumer price inflation rate was 25.5 percent in November, slowing from 26.5 percent in O... Read more

Saudi Edtech Platform AlGooru Raises $4m To Boost Expansion, AI Development

RIYADH: Saudi-based educational technology platform AlGooru has successfully raised $4 million in a pre-Series A funding... Read more

Closing Bell: Saudi Main Index Closes In Green At 12,097 

RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Monday, gaining 142.16 points, or 1.19 percent, to close at... Read more