Islamic Finance

Oil Updates — Prices Set For Weekly Gain On China Stimulus Optimism 

RIYADH: Oil prices were little changed on Friday but were set for a weekly rise amid optimism that economic stimulus eff... Read more

ROSHN Launches First Residential Community In Makkah

JEDDAH: Saudi Arabia’s leading property developer, ROSHN, has officially launched its first residential community in M... Read more

Saudi Venture Capital Invests In Jadwa GCC Private Equity Fund 1

RIYADH: Saudi Venture Capital has invested in Jadwa GCC Private Equity Fund 1, managed by Jadwa Investment. The fund ... Read more

Closing Bell: Saudi Main Index Slips To Close At 11,859

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday, losing 32.85 points, or 0.28 percent, to close at ... Read more

Saudi Arabias Bond Maturities To Surge To $168bn, Outpacing GCC Peers By 2029

RIYADH: Saudi Arabia is poised to account for the largest share of bond maturities in the Gulf Cooperation Council regio... Read more

Oman Launches Food Security Projects To Ensure Supply, Sustainability

JEDDAH: Oman has launched new food security initiatives, partnering with government entities and the private sector to s... Read more

Folk Maritime Expands Sustainability And Connectivity In Middle East Shipping 

RIYADH: Trade facilitation specialist Folk Maritime Services has secured a strategic agreement with Shanghai CIMC Yangsh... Read more

UAEs AD Ports Group Doubles Credit Facility To $2.13bn

RIYADH: The UAE’s Abu Dhabi Ports Group has successfully refinanced and more than doubled its revolving credit facilit... Read more

UAE, Hong Kong Ink Deal To Expand Cross-border Debt Issuance And Investment 

RIYADH: The UAE and Hong Kong are set to deepen ties in cross-border debt securities issuance and investment after their... Read more

Harnessing The Sun: Saudi Arabias Solar Revolution

RIYADH: Saudi Arabia is a world leader when it comes to extracting energy sources from the ground, but it is the Kingdom... Read more

Startup Wrap – MENA Startup Ecosystem Flourishes As Year Comes To An End

RIYADH: Startups across the Middle East and North Africa region are gaining momentum, with funding rounds and expansions... Read more

Wake Up And Smell The Climate Crisis: Coffee Prices Set To Increase In 2025

RIYADH: It is the caffeine, not the cost, of a morning coffee that is supposed to help you shake off any lingering sleep... Read more

Oil Updates – Crude Falls On Demand Growth Concerns, Robust Dollar

LONDON, Dec 20 : Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer Chin... Read more

Saudi Arabia Emerging As Global Cybersecurity Guardian: Digital Experts

RIYADH: From protecting its growing digital infrastructure to exporting cybersecurity technologies and expertise, Saudi ... Read more

Robust Manufacturing Sector Lifts Saudi Industrial Index By 5%: GASTAT

RIYADH: Saudi Arabia’s industrial production index rose by 5 percent year on year in October, driven by robust growth ... Read more