Islamic Finance

Dubais Residential Property Sales Surge More Than 33%, Reports Brokerage Firm

RIYADH: Dubai’s residential property sales saw a 33.5 percent annual increase in the first half of 2024 with 77,233 tr... Read more

GCC Investors Expected To Spend Over $4bn Annually In UK Commercial Property Market: BLME 

RIYADH: Gulf Cooperation Council-based investors are expected to commit over $4 billion annually in the UK commercial pr... Read more

Oil Updates – Prices Fall For Fourth Week As US Job Growth Disappoints

LONDON: Oil prices fell by more than $1 on Friday, remaining on course for a fourth successive weekly drop after data sh... Read more

Unearthing The Transformative Potential Of Saudi Arabias Mining Sector

RIYADH: Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a g... Read more

Datacom Aims To Ride Saudi Arabias Tech Wave 

CAIRO: Technological infusion across all sectors has boosted Saudi Arabia’s position as a catalyst of change, attracti... Read more

Saudi Banks In Strong Position To Harness The Benefits Of Economic Diversification

RIYADH: Saudi banks will see their client base expand and earnings increase thanks to government-backed economic diversi... Read more

Saudi Official Discusses Opportunities In Mining Sector With Brazilian Companies

RIYADH: A recent high-level meeting in Sao Paulo discussed how the Saudi mining sector is expected to benefit substantia... Read more

Finance Minister, SAMA Governor Participate In G20 Ministerial Meeting In Rio De Janeiro

RIYADH: The Saudi Minister of Finance and the governor of the Saudi Central Bank (SAMA) concluded their participation in... Read more

Saudi Arabias GACA, SAMI Come Away From Farnborough Airshow With Deals, Agreements

LONDON: Saudi Arabia’s General Authority of Civil Aviation built good investment opportunities with British companies ... Read more

Oil Updates – Prices Set For Third Weekly Decline, Pressured By Gaza Ceasefire Hopes

LONDON: Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand... Read more

Saudization Initiative Transforming The Workforce And Bolstering Economic Prosperity, Experts Say 

RIYADH: The Kingdom’s Saudization initiative is not merely a policy but a transformative strategy aimed at reshaping t... Read more

Startup Wrap – Health, HR, And E-commerce Firms Eying Saudi Expansion After Funding Rounds

CAIRO: Startups from across the region and beyond have set a clear path for Saudi expansion after completing successful ... Read more

SAMA Chief Lauds Global Efforts To Contain Inflation

RIYADH: Saudi Central Bank governor praised the “well-calibrated” monetary policies adopted by global financial inst... Read more

Saudi Government Agencies Boost Emerging Tech Adoption By 10% In 2024

RIYADH: Saudi Arabia’s government agencies have made significant progress in integrating new technologies, showing a 1... Read more