Islamic Finance

UAE Economy Minister Visits Samsung HQ In South Korea

DUBAI: The UAE’s Minister of Economy Abdullah bin Touq Al-Marri recently led a delegation to electronics corporation S... Read more

Saudi Arabias SNB Capital Acquires $100m Stake In South Korean Car Battery Firm   

RIYADH: Saudi Arabia’s SNB Capital has agreed to invest $100 million in South Korean firm SK On as the car battery man... Read more

Cybersecurity Registrations In Saudi Arabia Rise 52% To Hit Over 2k In Q2  

RIYADH: Internet security is gaining prominence in Saudi Arabia, with an increasing number of cybersecurity firms gettin... Read more

Closing Bell: TASI Rises To 11,664 Points As Trading Turnover Hits $2bn  

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 77.57 points, or 0.67 percent, to close at 11,... Read more

Egyptian Govt To Bear 11% Of Cost Of New Tourist Rooms: Minister   

RIYADH: In a bid to further develop the country’s tourism sector, the Egyptian government is set to launch an initiati... Read more

Saudi Arabia Ranks 2nd In Latest Global Entrepreneurship Index  

RIYADH: Saudi Arabia’s efforts to create a conducive environment for new businesses have seen the Kingdom secure the s... Read more

Lifeline To Islamabad: Saudi Arabia Deposits $2bn In Pakistani Central Bank

KARACHI: Saudi Arabia has deposited $2 billion in Pakistan’s central bank, Finance Minister Ishaq Dar announced on Tue... Read more

Saudi Arabia Secures Presidency Of ICAOs Aviation Security Committee  

RIYADH: Marking a significant achievement for its airspace sector, Saudi Arabia has secured the presidency of one of the... Read more

Oil Updates — Crude Rises As Markets Weigh Supply Cuts

RIYADH: Oil prices rose on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia ag... Read more

Kuwait Rejects Iranian Drilling Plans On Al-Durra Gas Field: KUNA

RIYADH: Kuwait has rejected Iran’s “claims” over the Al-Durra gas field, stressing that it owns exclusive rights t... Read more

Bahrain And UK Sign Digital Economy Trade Partnership

RIYADH: Bahrain’s economic ties with the UK have been further strengthened after the countries signed a digital econom... Read more

Red Sea Global Partners With Global Water Sports Brand North Sails   

RIYADH: In an effort to promote sustainable water sports in Saudi Arabia, Public Investment Fund-owned developer Red Sea... Read more

Saudi Arabia To Play Key Role In Cypruss Tourism Diversification, Minister Says During Visit To Kingdom

RIYADH: Cyprus’s deputy tourism minister believes boosting ties with Saudi Arabia is a key part of helping his country... Read more

Qatars Non-oil Sector Maintains Growth As PMI Hits 53.8 In June

RIYADH: The non-oil private sector in Qatar continued to maintain its healthy growth in June, as the country’s Purchas... Read more

Closing Bell: Saudi Main Index Rallies For 3rd Consecutive Day

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the third day in a row, gaining 73.59 po... Read more