Islamic Finance

Oil Updates — Crude Set For Biggest Weekly Drop Since Oct On Tariff Uncertainty, Supply Gains

NEW DELHI: Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the u... Read more

Franchises Boosting Saudi Economy, As Kingdom Dominates Half Of MENAs $30bn Market

JEDDAH: Franchises are proving increasingly vital to Saudi Arabia’s economic development, driving employment, governme... Read more

Saudi Multi-billion-dollar Corporations Are Driving Strategic Investments In Startup Ecosystem

RIYADH: Saudi Arabia’s corporate venture capital arms are playing a pivotal role in driving innovation and advancing e... Read more

In Speech To Congress, Trump Reassures Investors That New Visa Scheme Would Not Tax Foreign Assets

RIYADH: President Donald Trump assured that investors entering the US under the newly introduced $5 million “Gold Card... Read more

Saudi Arabias M&A Market Sees 63% Rise In Feb

RIYADH: Saudi Arabia approved 26 mergers and acquisitions applications in February, a month-on-month surge of 62.5 perc... Read more

Closing Bell: Saudi Main Index Closes In Red At 11,811

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 87.75 points, or 0.74 percent, to close at 1... Read more

Jordans Move To Ease Residency Rules Will Attract Investment, Say Experts

RIYADH: Jordan’s recent move to ease residency requirements for foreign investors is set to drive capital inflows, par... Read more

Direct Flights From Stuttgart To Jeddah To Begin Later This Year

RIYADH: Direct flights from Stuttgart, Germany, to Jeddah, will begin in the second half of 2025 and operate twice a we... Read more

Saudi Expats Transfer Nearly $4bn In Jan, Bolstering Developing Economies

RIYADH: Expatriate remittances from Saudi Arabia rose to SR13.74 billion ($3.66 billion) in January, marking a 32 percen... Read more

Saudi Arabias Non-profit Sector Tops $26bn In Economic Contribution For The 1st Time

RIYADH: Saudi Arabia’s non-profit sector surpassed SR100 billion ($26.6 billion) in economic contribution in 2024 for ... Read more

Will Trump Strike Gold With Wealthy Arabs Through New Residency Program?

RIYADH: US President Donald Trump’s $5 million “gold card” visa is expected to draw wealthy Arab investors seeking... Read more

Rescue, Reform And Rebuild: Can Lebanons New Govt Save The Economy?

RIYADH: With a new president and a fresh cabinet, Lebanon stands at a pivotal moment. Can this government reverse econo... Read more

Riyadh Leads Saudi Real Estate Surge With 18% Rise In Office Rents

RIYADH: The real estate market in Riyadh is experiencing significant growth, with average rents for office spaces risin... Read more

Funding Surges As MENA Startups Gain Momentum

RIYADH: Startups across the Middle East and North Africa region continue to attract significant investment, with fintec... Read more

Can Saudi Arabia Conquer Global Uncertainty And Become A Financial Giant?

RIYADH: Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global economic trends, ... Read more