Islamic Finance

Closing Bell: Saudi Main Index Closes In Red At 11,811

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 87.75 points, or 0.74 percent, to close at 1... Read more

Jordans Move To Ease Residency Rules Will Attract Investment, Say Experts

RIYADH: Jordan’s recent move to ease residency requirements for foreign investors is set to drive capital inflows, par... Read more

Direct Flights From Stuttgart To Jeddah To Begin Later This Year

RIYADH: Direct flights from Stuttgart, Germany, to Jeddah, will begin in the second half of 2025 and operate twice a we... Read more

Saudi Expats Transfer Nearly $4bn In Jan, Bolstering Developing Economies

RIYADH: Expatriate remittances from Saudi Arabia rose to SR13.74 billion ($3.66 billion) in January, marking a 32 percen... Read more

Saudi Arabias Non-profit Sector Tops $26bn In Economic Contribution For The 1st Time

RIYADH: Saudi Arabia’s non-profit sector surpassed SR100 billion ($26.6 billion) in economic contribution in 2024 for ... Read more

Will Trump Strike Gold With Wealthy Arabs Through New Residency Program?

RIYADH: US President Donald Trump’s $5 million “gold card” visa is expected to draw wealthy Arab investors seeking... Read more

Rescue, Reform And Rebuild: Can Lebanons New Govt Save The Economy?

RIYADH: With a new president and a fresh cabinet, Lebanon stands at a pivotal moment. Can this government reverse econo... Read more

Riyadh Leads Saudi Real Estate Surge With 18% Rise In Office Rents

RIYADH: The real estate market in Riyadh is experiencing significant growth, with average rents for office spaces risin... Read more

Funding Surges As MENA Startups Gain Momentum

RIYADH: Startups across the Middle East and North Africa region continue to attract significant investment, with fintec... Read more

Can Saudi Arabia Conquer Global Uncertainty And Become A Financial Giant?

RIYADH: Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global economic trends, ... Read more

Oil Updates — Crude On Track For 1st Monthly Drop Since November On Trump Tariff Concerns

LONDON: Oil prices fell more than 1 percent on Friday and were headed for their first monthly drop since November, as ma... Read more

Saudi Arabias Non-oil Exports To China Surge 70% As Trade Ties Deepen: GASTAT

RIYADH: Saudi Arabia’s non-oil exports to China reached SR3.68 billion ($980 million) in December, representing a rise... Read more

Over 1,300 Saudi industrial Licenses Awarded In 2024, Attracting $13.3bn Investment, Latest Figures Show

JEDDAH: More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024,... Read more

Closing Bell: Saudi Main Index Ends Week In Red; Nomu Gains

RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week in the red, as it shed 120.75 points or 0.99 percent to ... Read more

Saudi Arabia Strengthens Halal Leadership With 13 New Deals At Makkah Forum 

JEDDAH: Saudi Arabia saw the signing of 13 agreements at a special event in Makkah, boosting its halal industry leadersh... Read more