Islamic Finance

Saudi Arabias Unemployment Rate Hits 3.7%: GASTAT

RIYADH: Saudi Arabia’s unemployment rate dropped to 3.7 percent in the third quarter of 2024, down 0.5 percentage poin... Read more

Closing Bell: Saudi Main Index Closes In Green At 12,037, Trading Turnover At $1.53bn

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the third consecutive day on Tuesday,... Read more

Egypt To Accelerate Government IPO Steps To Attract Investments, Maximize Private Sector Role

RIYADH: Egypt aims to accelerate the government offerings program procedures in 2025 to maximize the private sector’s ... Read more

Startups Of The Year: Eyewa And Lean Technologies Attract Top US Investors To Mideast

RIYADH: Saudi startups eyewa and Lean Technologies have set a new benchmark in attracting international investment and d... Read more

Saudi Fund For Development Expands Global Support In Final Quarter Of 2024

RIYADH: Economies worldwide have faced significant challenges in 2024, marked by escalating geopolitical tensions and th... Read more

2024 Marks Saudi Arabias Bold Leap Toward Technological Leadership

RIYADH: Saudi Arabia’s digital transformation journey reached new heights in 2024, solidifying its position as a globa... Read more

Saudi Aramco Cuts January 2025 LPG Prices

RIYADH: Saudi Aramco has reduced the official selling prices for propane and butane for January 2025. According to an ... Read more

Saudi Arabia, Canada To Strengthen Economic Ties After High-level Meeting

RIYADH: Economic cooperation was the focus of a high-level meeting between a top Saudi official and the Canadian Ambassa... Read more

ACWA Power Secures $703m For Egyptian Wind Power Plant 

RIYADH: Saudi utility giant ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and m... Read more

Saudi Startup Investment Shifts Focus To AI, Enterprise Software, And SMEs

RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, propelled by government-backed initiatives and an influx... Read more

Saudi Arabias Oil Legacy Fuels Shift To Renewable Energy Hub

RIYADH: Saudi Arabia’s established prowess in crude oil production could help the Kingdom emerge as a global leader in... Read more

Edtech In Saudi Arabia: Revolutionizing Education Through Innovation

RIYADH: Edtech, short for educational technology, refers to the use of technology—hardware, software, and digital reso... Read more

BNPL Emerges As The Preferred Payment Option For Saudi Consumers

RIYADH: The fintech landscape in Saudi Arabia is rapidly transforming daily financial practices, with buy now, pay later... Read more

Egypt Central Bank Keeps Overnight Interest Rates Steady

CAIRO: Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while in... Read more

Saudi Arabia Introduces New Laws To Streamline Business Registration And Trade Names

RIYADH: Saudi Arabia’s new regulations designed to streamline commercial registration and trade name processes have be... Read more