Islamic Finance

MENA IT Spending To Reach $169bn In 2026 

RIYADH: Information technology spending in the Middle East and North Africa region is forecast to reach $169 billion in ... Read more

Closing Bell: Saudi Main Index Closes Up At 10,839

RIYADH: Saudi Arabia’s Tadawul All Share Index edged higher on Monday, gaining 6.35 points, or 0.06 percent, to close ... Read more

IMF Praises Saudi Arabias Economic Resilience 

RIYADH: The International Monetary Fund has commended Saudi Arabia for its resilience to global shocks, citing its expan... Read more

Saudi Arabia Tops GCC Debt Market With $47.9bn In H1 Issuances: Markaz 

RIYADH: Saudi Arabia led the Gulf region’s primary debt market in the first half of 2025, raising $47.93 billion throu... Read more

PIFs Adeera To Operate Hotel Portfolio Across Qiddiya City

RIYADH: Saudi-grown hotel brands will be introduced across Qiddiya City under a new strategic partnership between its de... Read more

Trump Says He Wants A Fair Trade Deal With China 

ABOARD AIR FORCE ONE: US President Donald Trump on Sunday said the US was meeting with many countries, including China, ... Read more

Oil Updates — Crude Tumbles As OPEC+ Accelerates Output Hikes, Surplus Looms

SINGAPORE: Oil prices fell more than $1 a barrel on Monday as OPEC+ is set to further speed up oil output hikes, spurrin... Read more

Saudi Arabias Non-oil Sector Growth Continues In April As PMI Hits 55.6 

RIYADH: Saudi Arabia’s non-oil private sector continued to expand in April, with the Riyad Bank Purchasing Managers’... Read more

Saudi Bank Lending Hits $827bn In March, Fastest Growth In Over 3.5 Years

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total credit reaching SR3.... Read more

Closing Bell: Saudi Main Index Slips To Close At 11,411 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 132.17 points, or 1.14 percent, to close at 1... Read more

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