Islamic Finance

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

Saudi Arabia Poised To Become Mideasts Silicon Valley, Say Experts 

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to Silicon Valley, than... Read more

How Saudi Entrepreneurs Are Navigating The Shift To Public Markets 

RIYADH: As startups approach the critical stage of an initial public offering, one of their biggest challenges is the tr... Read more

UK-Saudi Trade Ties Deepen As 50 British Firms Set Up Regional HQs In Kingdom

RIYADH: The strong investment growth in Saudi Arabia’s economy has led 50 British companies to set up regional headqua... Read more

IMF Warns Of Economic Slowdown, But Rules Out Global Recession

WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of th... Read more

Libyans Grapple With Fresh Currency Devaluation

TRIPOLI: Already worn down by years of political turmoil and economic hardships, Libyans are now facing a sharp deterior... Read more

Closing Bell: Saudi Main Index Closes In Red At 11,502

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 81.44 points, or 0.7 percent, to close at 1... Read more

Red Sea Tensions Slash Suez Canal Revenue As Egypt Pushes Diplomatic Path

JEDDAH: Amid escalating tensions in the Red Sea, Egypt’s Prime Minister Mostafa Madbouly reaffirmed the country’s co... Read more

Bain & Co. Chooses Riyadh For Regional HQ Amid Saudi Business Push 

RIYADH: US-based management consulting firm Bain & Co. has announced the opening of its new regional headquarters in... Read more

Saudi Arabia, Indonesia Sign Deal On Mineral Exploration, Mining

JAKARTA: Saudi Arabia and Indonesia signed a preliminary agreement to enhance cooperation in the mining and minerals sec... Read more

Saudi Arabias Date Exports Rise 15.9% In 2024, Reaching $451m

RIYADH: Saudi Arabia’s date exports saw a 15.9 percent year-on-year increase in 2024, reaching SR1.695 billion ($451.... Read more