Islamic Finance

Saudi Jobs Boom Unmatched Anywhere In The World, Budget Forum Told

RIYADH: Some 1.1 million new jobs have been created in Saudi Arabia in the past year as the Kingdom’s economic diversi... Read more

Oil Updates – Crude Rebounds From Six-month-low But Demand Concerns Linger

BEIJING/SINGAPORE: Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous sessio... Read more

Saudi Crown Prince Reveals Urban Plan And Branding For Qiddiya City Megaproject

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Thursday revealed the urban plan and global branding for Qi... Read more

Closing Bell: TASI Ends Green At 11,225 Points With $1.62bn Trading Volume 

RIYADH: Saudi Arabia’s Tadawul All Share Index experienced a slight rise on Thursday, gaining 51.33 points, or 0.46 pe... Read more

Saudi-Vietnamese Joint Committee Explores Ways To Boost Trade

RIYADH: Trade exchange between Saudi Arabia and Vietnam is on course to prosper following discussions in a ministerial m... Read more

Central Bank Of UAEs Assets Rise 1.3% To $1.08tn

RIYADH: Total assets held by the Central Bank of UAE rose to $3.95 trillion dirhams ($1.08 trillion) by the end of Septe... Read more

Middle East Air Carriers profit To Hit $3.1bn In 2024: IATA

RIYADH: The profit of air carriers operating in the Middle East is expected to hit $3.1 billion in 2024, representing a... Read more

Turkish Banks Secure $40m Murabaha Deal With ITFC To Boost Private Sector Financing  

RIYADH: Turkiye’s private sector is poised to benefit from Murabaha financing, with two of the country’s banks signi... Read more

Africa Needs $87bn Annually To Adapt to Climate Change: UN Official

RIYADH: Africa needs $87 billion annually to implement programs enhancing the continent’s adaptation to climate chang... Read more

Brazil Presidents Saudi Visit Shows Desire For Stronger Ties

SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation of ministers and businesspeople s... Read more

Saudi Arabia Extends 1 Million Bpd Voluntary Cuts Until Q1 2024

RIYADH: Saudi Arabia on Tuesday decided to extend its voluntary crude output cuts of 1 million barrels per day until the... Read more

Saudi Aramco Sets LPG Contract Prices For December

RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, kept the official selling prices for liquefied petroleum ... Read more

Closing Bell: Saudi Main Index Rises To Close At 11,177 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 74.43 points, or 0.67 percent, to close at 1... Read more

Saudi Arabia Railways, Al-Jabr Enter 4-year Vehicle Transport Deal 

RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by tr... Read more

Business & Philanthropy Forum To Highlight Inclusive Approach For Equitable Climate Solutions

DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate cha... Read more