Islamic Finance

SAMA And GCC Banks Follow Feds 25 Bps Interest Rate Hike 

Thu, 2023-03-23 12:07 RIYADH: The Saudi Central Bank has increased its interest rate by 25 basis points to 5.5 perce... Read more

Oil Updates — Crude Dips; China Plans To Use Renewable Energy To Help Boost Gas And Oil Output

Thu, 2023-03-23 11:47 RIYADH: Oil prices fell on Thursday following three sessions of gains, after Federal Reserve C... Read more

Oil Rises 2% As Reports Of Saudi Arabia, Russia Meeting Calm Investors

Thu, 2023-03-16 20:48 BENGALURU: Oil prices rose 2 percent on Thursday after dropping to near 15-month lows earlier ... Read more

Saudi Energy Minister Discusses Global Oil Markets With Russian Deputy PM

Thu, 2023-03-16 17:56 RIYADH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman met with the Deputy Pr... Read more

Riyadh Airport Ranks First For Improved traveler Experience: GACA report  

Thu, 2023-03-16 17:51 RIYADH: Saudi Arabia’s King Khalid International Airport ranked first among the internation... Read more

Saudi Arabia Wins multiple Awards For Innovative Projects at WSIS 2023   

Thu, 2023-03-16 17:19 RIYADH: Saudi Arabia has won multiple awards and recognitions for its innovative projects... Read more

Closing Bell: Tasi Falls Over Fragile Market Sentiments

Thu, 2023-03-16 16:55 RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday and lost 71.85 points –... Read more

Saudi Railway Company Signs Deal To Launch Regions First Luxury Train

Thu, 2023-03-16 16:41 LONDON: Saudi Arabia is set to host the Middle East’s first luxury train, after Saudi Arabia... Read more

PIF-backed Lucid Motors To Roll Out First Saudi-assembled EV In September

Thu, 2023-03-16 16:48 RIYADH: US-based Lucid Motors is set to roll out its first fully Saudi-assembled electric car i... Read more

Islamic Banking Vs. Traditional Banking: A Structural Analysis Of Financial Stability

by Brett Hurll14th March 2023IntroductionIslamic banking, an alternative financial system based on the principles of Sha... Read more

PIF-owned ROSHN Signs Agreements Worth $2.1bn To Develop Its Communities

Thu, 2023-03-16 15:31 RIYADH: ROSHN, the Saudi real estate developer, signed eight giga contracts worth SR8 billion ... Read more

Rua Al Madinah Holding Signs Deals Worth $160m At PIF Private Sector Forum

Thu, 2023-03-16 15:21 RIYADH: Rua Al Madinah Holding has signed four contracts with Saudi companies worth SR600 mill... Read more

Stc Signs Multiple MoUs to Boost Localization Of ICT Sector in Saudi Arabia 

Thu, 2023-03-16 15:25 RIYADH: In a move to increase the production of local content, Saudi telecom service provide... Read more

Forum To Speed Up Saudi Arabias Economic Diversification Plan

Fri, 2023-03-10 01:18 RIYADH: Saudi Arabia, which has been dependent on oil for several decades, is now on a pat... Read more