Islamic Finance

Saudi Arabia Rolls Out New Guidelines For Off-plan Property Deals

JEDDAH: Saudi Arabia has issued a detailed procedural guide to implement its previously approved off-plan real estate re... Read more

Jeddah Unveils 29 Real Estate Projects Across Industrial, Residential, Retail Sectors

RIYADH: Jeddah Municipality has announced 29 new investment opportunities across more than 1.4 million sq. meters, targe... Read more

Syria To Sign Deal To Import Electricity From Turkiye, Minister Says

CAIRO: Syria is set to sign a deal to import electricity from Turkiye through a 400-kilovolt transmission line between t... Read more

Qatar Welcomes Over 1.5m International Visitors In Q1 2025

RIYADH: Qatar received more than 1.5 million international visitors in the first quarter of 2025, according to newly rel... Read more

OPEC+ Members To Raise Oil Output By 411,000 Bpd in June

RIYADH: Eight OPEC+ member states, including Saudi Arabia, have agreed to raise oil production by 411,000 barrels per d... Read more

Oil Updates — Prices Rise On Short-covering, But Tariff Worries Linger 

SINGAPORE: Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short posit... Read more

Saudi Arabia Tops Emerging Markets Venture Capital Funding, Overtakes Singapore 

RIYADH: Saudi Arabia has overtaken Singapore as the premier destination for venture capital funds across emerging market... Read more

Real Estate Demand In Saudi Arabias Two Holy Cities Hits $2bn

RIYADH: Saudi Arabia’s real estate sector continues to draw international attention, with high-net-worth individuals f... Read more

Key Tourism Roles To Be Localized In Saudi Arabia As Part Of National Employment Push 

JEDDAH: Hotel managers, travel agency directors, and tour guides are among 41 tourism roles set to be reserved for Saudi... Read more

PepsiCo Opens Regional Headquarters In Riyadh, Unveils $8m R&D Center

RIYADH: Global beverage giant PepsiCo has opened its new Middle East regional headquarters in Riyadh’s King Abdullah F... Read more

Closing Bell: Saudi Indices End Day In The Red

RIYADH: Saudi Arabia’s stock market closed lower on Monday, with the Tadawul All Share Index falling 77.94 points, or ... Read more

Davos Meet Founder Klaus Schwab Quits As WEF Chair

ZURICH: Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political leaders in t... Read more

Saudi Arabia, Algeria Deepen Economic Ties With New Business Pacts

JEDDAH: Saudi Arabia and Algeria signed a series of agreements to boost trade and investment as officials and executives... Read more

Dubai Inflation Eases To 2.79% In March As Housing, Transport Costs Moderate

RIYADH: Dubai’s annual inflation rate eased in March, hitting its lowest level since October 2024, according to offici... Read more

Saudi Arabia To Drive Islamic Finance Growth In 2025, S&P Says 

RIYADH: Saudi Arabia is poised to play a key role in propelling the growth of the global Islamic finance industry in 202... Read more