Islamic Finance

Riyadh Air To Use AI For Green Flight Routes In Fight Against Climate Change

RIYADH: Saudi Arabia’s newest airline will use artificial intelligence to track the least carbon-emitting flight route... Read more

PIF-backed Lucid Opens First International EV Plant In Saudi Arabia

JEDDAH: Lucid Group, backed by the Public Investment Fund, on Wednesday opened its first international manufacturing fac... Read more

Sipchem Gets Nod For Blue Ammonia Plant In Saudi Arabia 

RIYADH: In a significant development, Sahara International Petrochemical Co., known as Sipchem, has received the green l... Read more

Closing Bell: TASI Edges Up 1.5% To Close At 11,077  

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,076.94 points on Wednesday, marking an increase of 158.70,... Read more

Saudi Arabia Grants Chinese Firms Licenses To Practice Logistics Activities 

RIYADH: Several Chinese firms will now be able to practice logistics activities in Saudi Arabia thanks to licenses grant... Read more

Boutique Group Identifies Three More Palaces For Conversion Into Ultra-luxury Hotels

ABU DHABI: Boutique Group, Saudi Arabia’s newly launched top-tier hospitality brand, has identified three more palaces... Read more

Elaf Groups Expansion Strategy Foresees Growth In Saudi Arabias Hospitality Sector 

ABU DHABI: The hospitality sector in Saudi Arabia is poised for further growth as the Elaf Group plans to add 5,000-6,00... Read more

Saudi Tourism Strategy Bearing Fruit As Revenue Hits $9.8bn In Q1 Of 2023, Says Official

ABU DHABI: As the world emerges from the shadows of the COVID-19 pandemic, Saudi Arabia is unveiling its true potential ... Read more

Increasing Connectivity To Play Crucial Role In Saudi Arabias Tourism Growth, Says Minister  

RIYADH: Saudi Arabia recognizes the importance of connectivity in fostering the growth of its tourism sector, stated Sau... Read more

No-show By Nissan Executives In Carlos Ghosn Hearing

In the trial which started on Monday in Lebanon in a case filed by former Nissan Motor Co. Chairman Carlos Ghosn, neithe... Read more

Saudi Minister Says Vision 2030 Aligns With UN SDGs

RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top gov... Read more

Tokyo Event Showcases Saudi Arabias NEOM 

TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Minist... Read more

Closing Bell – Saudi Arabias Main Index Marginally Slips To Close At 11,061 

RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,061.50, declining 9.27 po... Read more

Saudi Arabias HRDF To Join International Cybersecurity Organization

RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund rec... Read more

HSBC Allocates $1bn To Back Early-stage Climate Tech Startups 

RIYADH: In a move aimed at bolstering global sustainability efforts, HSBC has committed to providing $1 billion in finan... Read more