Sports
MENA To Pioneer Sustainable Construction With $2tn Investment, Generate 4.3m Jobs
Islamic Finance - Published date: .
RIYADH: The Middle East and North Africa region is poised to lead in sustainable constructions, with a planned $2 trilli... Read more
Egypt Sells Stake In Tobacco Firm Eastern Co. To UAE Company
Islamic Finance - Published date: .
CAIRO: Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset si... Read more
Qatar Wealth Fund Eyes Investment Opportunities In Chinas Retail, Tech Sectors
Islamic Finance - Published date: .
RIYADH: Qatar’s sovereign wealth fund is examining opportunities to invest in China’s retail, healthcare, tech and l... Read more
Saudi Arabia To Sign $533m Deals With Africa As PIF Plans Game-changing Announcements
Islamic Finance - Published date: .
Saudi Arabia is set to sign SR2 billion ($533 million) worth of agreements with African countries, the Kingdom’s finan... Read more
Saudi Arabias IPI Climbs 0.8% In September Driven By Mining And Quarrying
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Industrial Production Index rose by 0.8 percent in September compared to August, primarily driv... Read more
Dubais Non-oil Sector Rises In October As PMI Hits 57.4 On Good Business Form
Islamic Finance - Published date: .
RIYADH: Dubai witnessed a strong rise in its non-oil activities during October, as its Purchasing Managers’ Index rose... Read more
Oil Updates – Crude Edges Up; Markets Shrug Off China Inflation Data, Eye Fresh Drivers
Islamic Finance - Published date: .
SINGAPORE: Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for furt... Read more
Saudi Arabias PIF Raises Stakes In Aston Martin To 20.5%
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s sovereign wealth fund has raised its stake in luxury carmaker Aston Martin to 20.5 percent fro... Read more
Abu Dhabi Islamic Bank Raises $500m From Green Sukuk Issuance
Islamic Finance - Published date: .
RIYADH: Abu Dhabi Islamic Bank has raised $500 million through a green sukuk offering, making it the world’s first suc... Read more
IsDB Enters European Market With Over $588m Public Sukuk Issuance
Islamic Finance - Published date: .
RIYADH: Jeddah-based Islamic Development Bank has made a return to the European market, with the issuance of sukuk worth... Read more
Saudi Central Bank Sets New Rules For APR Calculation
Islamic Finance - Published date: .
RIYADH: The Saudi Central Bank, also known as SAMA, on Wednesday issued new rules to calculate the annual percentage rat... Read more
Saudi Arabia Sees 45% Surge In railway use, exceeding 2m Passengers
Islamic Finance - Published date: .
RIYADH: Saudi Arabia Railways saw a record number of passengers in the third quarter of 2023 as its expansion efforts bo... Read more
Oil Updates — Crude Rises 1% After Fed Keeps Rates Unchanged
Islamic Finance - Published date: .
RIYADH: Oil gained 1 percent on Thursday to snap its three-day decline, as risk appetite returned to financial markets a... Read more
Saudi Arabias Industrial Sector Thrives As 174 Licenses Issued In September
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s economic activity gained momentum, with the Ministry of Industry and Mineral Resources issuing ... Read more
Riyadh, Manama Eye Stronger Collaboration In Data Development
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and Bahrain engaged in discussions to strengthen their collaboration in the development of methodol... Read more
Egypt Returns To Japanese Markets With $500m Samurai Bonds
Islamic Finance - Published date: .
RIYADH: Egypt’s Ministry of Finance has announced its resurgence in the Japanese financial arena by successfully issui... Read more
Saudi Arabia Raising The Bar With Its Information Security Approach: WEF Official
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s government and private sectors are advancing in cybersecurity, with the leadership strongly emp... Read more
Closing Bell: Saudi Main Index Surges To Close At 10,853
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 38.47 points, or 0.36 percent, to close at 10... Read more
Regulating AI Continues To Pose Challenges For Nations, Global Cybersecurity Forum Hears
Islamic Finance - Published date: .
RIYADH: The UN continually explores strategies for managing artificial intelligence in an “ethical manner,” accordin... Read more
Gulf Countries Leading The 5G Adoption Curve In Infrastructure, Says Top CEO
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and the Gulf region are leading the adoption of 5G technology in infrastructure compared to others ... Read more
