Islamic Finance

Blue Tech Needs Private Sector Boost, Says RSG Official

RIYADH: Private sector firms need to lead the way and invest in so-called blue tech in order to protect the world’s oc... Read more

Saudi-US Bilateral Accords Not That Connected To Israel Normalization

RIYADH: Saudi Arabia’s foreign minister said on Thursday that some of the bilateral agreements the kingdom has been ne... Read more

NBK Eyes Partnerships In Saudi Arabia To Tap Vision 2030 Opportunities Across Diverse Sectors

RIYADH: The National Bank of Kuwait is looking to partner with different companies in Saudi Arabia as the Kingdom’s Vi... Read more

Riyadh Air Secures $1.3bn Credit Facility Ahead Of 2025 Launch

RIYADH: Saudi Arabia’s Riyadh Air has secured a $1.3 billion credit facility from a consortium of Gulf banks to fund i... Read more

Startup Wrap – Saudi Firms Continue To Lead Regional Activity

RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, with several firms securing significant investments and ... Read more

UAE The Top Destination For Saudi Arabias Non-oil Goods: GASTAT

RIYADH: Saudi Arabia’s neighbor UAE was the favorite destination for the Kingdom’s non-oil goods in August, with exp... Read more

GCC Sovereign Wealth Funds Lead Global Dealmaking With $55bn In Transactions

RIYADH: Sovereign wealth funds across the Gulf Cooperation Council signed off $55 billion across 126 transactions in the... Read more

Wellness Tourism – A Rising Force In Saudi Arabias Vision 2030

RIYADH: Saudi Arabia is rapidly positioning itself as a global leader in wellness tourism, a sector that promises signif... Read more

Pakistan, Saudi Arabia Vow To Increase Cooperation Between Small And Medium Enterprises

ISLAMABAD: Pakistan’s Minister for Industries and Production Rana Tanveer Hussain met with Saudi Arabia’s Governor ... Read more

Saudi Central Banks Governor Highlights Global, Domestic Economic Resilience At IMF Meeting

WASHINGTON DC: Ayman Al-Sayari, the governor of the Saudi Central Bank, emphasized on Friday the resilience of the globa... Read more

Oil Updates – Crude Heads For Weekly Gain As Middle East Tensions Keep Market On Edge

SINGAPORE: Oil prices nudged higher on Friday and are on track for a weekly gain of more than 1 percent, as tensions in ... Read more

Riyadhs Population To Hit 9.6m By 2030, Driving Demand For 305k New Homes: Knight Frank

RIYADH: Saudi Arabia’s capital Riyadh is poised for significant population growth, with the number of residents projec... Read more

IMF Says Size Of Egypts Loan Program Is Still Appropriate

WASHINGTON: The International Monetary Fund stated on Thursday that Egypt’s $8 billion loan program remains “still a... Read more

UN Official Issues Urgent Warning About Growing Global Inequality

JEDDAH: In a world increasingly marked by disparity, a senior UN official has issued a pressing warning: the gap between... Read more

Saudi Arabia And Spain Discuss Opportunities In Drone And Automotive Industries 

RIYADH: Saudi Arabia is exploring partnerships with Spanish companies in drone technology, automotive components, and ge... Read more