Islamic Finance

Closing Bell: Saudi Main Index Gains 75 Points To End At 12,343

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 75.3 points, or 0.61 percent, to close at 12... Read more

Saudi Arabia To Host Global Logistics Forum In October 

RIYADH: Saudi Arabia's transportation and supply chain sector evolution will be a central topic as top leaders discuss ... Read more

New Customs Agreement To Boost UAE, US Economic Ties

RIYADH: The economic partnership between the UAE and the US is poised for significant expansion with the introduction of... Read more

KAUST, Abdul Latif Jameel Motors Strike Deal With Toyota To Advance Hydrogen Fuel Research  

JEDDAH: Saudi Arabia will accelerate hydrogen fuel cell research after two local entities joined with Toyota Motor Corp.... Read more

GCC Trade With India, Brazil Of Growing Significance As It Reaches $195bn, Says Al-Budaiwi

RIYADH: Trade between the Gulf Cooperation Council and its partners India and Brazil reached nearly $195.1 billion in 20... Read more

Future Investment Initiative To Kick Off 8th Edition In October

RIYADH: Developing new strategies to address global challenges will be a key topic at the eighth edition of the Future I... Read more

AMAK Joins Hands With UK Firm To Advance Exploration In Saudi Arabia

RIYADH: Saudi firm Al-Masane Al-Kobra Mining Co. has signed a letter of intent with UK-based Power Metal Resources to es... Read more

Saudi Industrial Production Index Rises 1.6% In July On Manufacturing Growth 

RIYADH: Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, dri... Read more

Closing Bell: Saudi Main Index Rises To Close At 11,986

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 23.7 points, or 0.2 percent, to close at 11,9... Read more

Saudi Arabia To Scale Back Debt Issuance In H2: Fitch Ratings

RIYADH: Saudi Arabia plans to reduce its debt issuance in the second half of 2024, thanks to substantial dividend paymen... Read more

Standard Chartered Starts Custody Services For Digital Assets In UAE

DUBAI: Standard Chartered said on Tuesday it had begun offering digital asset custody services in the UAE, with Brevan H... Read more

Financial Sector Key Aspect Of High-level Saudi Arabia And Germany Talks  

JEDDAH: Saudi Arabia and Germany are set to strengthen their economic ties in the finance sector following high-level ta... Read more

Egypt Looks To Secure Bank Financing To Strengthen Food Security

RIYADH: Egypt is actively seeking bank financing to purchase essential commodities and strengthen strategic reserves as ... Read more

Saudi Arabia To Develop $3.3bn Sports Complex With UK Tech Partnership

RIYADH: Saudi Arabia is set to develop a $3.3 billion sports complex through a new partnership between Alpha Jossor Inve... Read more

Saudi Arabia To Achieve FDI Target Of $24bn In 2024: Standard Chartered

RIYADH: Saudi Arabia’s updated investment law and a slew of recent reforms could help the country achieve its goal of ... Read more