Islamic Finance

Bahrain, Oman Ink Deal To Exchange Credit Information To Reduce Funding Risks

RIYADH: Bahrain and Oman have agreed to exchange corporate credit information among their business to instill transparen... Read more

Saudi Arabia Is Largest Islamic Finance Market With Assets Over $830bn: SAMA Chief 

RIYADH: Saudi Arabia is the largest Islamic finance market, with total assets exceeding SR3.1 trillion ($830 billion), r... Read more

Saudi Ceer, Siemens Partner To Propel EV Manufacturing  

RIYADH: Engineering operations involved in the design of electric vehicles in Saudi Arabia will receive a boost thanks t... Read more

Global Wealth Projected To Rise 38% By 2027, Despite Recent Decline: Study

ZURICH: Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to... Read more

Emirates Adds New London Flights to Meet Busy Winter Season Demand

LONDON: Emirates airline has announced plans to introduce an additional five weekly flights from Dubai to London startin... Read more

KAUST Signs MoU To Accelerate Adoption Of Sustainable Energy Solutions

JEDDAH: King Abdullah University of Science and Technology has signed a memorandum of understanding with a key player in... Read more

Saudi Arabias Equity Market Drives MENA Upwards In Q2

RIYADH: The equity market in the Middle East and North Africa region witnessed a rebound in the second quarter of 2023 w... Read more

Oman LNG Partners With German Firm To Expand Global Footprint 

RIYADH: In a move to strengthen its global presence, Oman LNG has struck a partnership agreement with the German compa... Read more

Saudi Exports Organizes Trade Mission To Iraq To Boost Commerce

RIYADH: In a bid to boost economic cooperation and develop non-oil exports to Iraq, the Saudi Export Development Author... Read more

Closing Bell: TASI Dips For 2nd Day In A Row, Closes At 11,413 

RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the second consecutive session as it shed 80.94 points, or ... Read more

Saudi Womens Market Participation Surges 20%: GASTAT  

RIYADH: Saudi Arabia’s drive to encourage female participation in the public and private sector has resulted in the t... Read more

Moodys Assigns Baa1 Rating With Stable Outlook To Maaden 

RIYADH: Affirming Saudi Arabian Mining Co.’s strong business profile as a multi-commodity producer, Moody’s Investo... Read more

Saudi Exports Organizes Trade Mission To Japan

TOKYO: The Saudi Export Development Authority, under the identity of ‘Made in Saudi Arabia,’ organized the activitie... Read more

US Trade Deficit Shrinks As Imports Hit More Than 1-1/2 Year Low

WASHINGTON: The US trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital g... Read more