Islamic Finance

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

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