Islamic Finance

Saudi Industry To Bolster Trade Ties With Russian Companies At Key Event

RIYADH: Prominent industrialists from Russia will be visiting Saudi Arabia from May 29-30 to bolster trade and economic ... Read more

IHG Hotels & Resorts To Open 12 Holiday Inn Express Hotels In Saudi Arabia  

RIYADH: Saudi Arabia’s hospitality and tourism sector will witness a new wave of growth and investments with IHG Hotel... Read more

Jabal Omar Development Co. Receives License To Operate 5-star Tower

RIYADH: Jabal Omar Development Co. has been handed the license to operate the first tower of Saudi Arabia’s Jabal Omar... Read more

Gold Retreats As Dollar Gains Upper Hand

BENGALURU, India: Gold retreated on Thursday as rival safe-haven dollar advanced and outweighed support for bullion from... Read more

HSBC Sees Great Middle East-China Growth Potential, Says Banks Regional CEO

RIYADH: The booming Middle East-China trade corridor is encouraging HSBC’s clients to invest in the region, one of the... Read more

Oil Prices Fall, Set For 4th Weekly Drop, As Demand Fears Weigh

BEIJING: Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the US and Chin... Read more

Saudi SME Growth Critical For Nations Economy, Say Experts As Bank Pledges More Than $26m Funding

JEDDAH: An MOU worth $26.2 m has been signed providing finance for SMEs at the Islamic Development Bank’s annual meeti... Read more

Saudis To Receive Event Safety Training Under New Deal With Key Qatar World Cup Firm

RIYADH: Thousands of Saudis are set to be trained on event management and safety protocols by one of the firms that play... Read more

Vodafone Says CEO Of Top Shareholder E& To Join Its Board

LONDON: Vodafone Group on Thursday said the chief executive of its largest shareholder, Emirates telecoms group Etisalat... Read more

Qatar Drives Cleantech Industry in MENA Region With $75bn Investment Opportunity  

RIYADH: Qatar is set to drive the growth of the cleantech industry in the Middle East and Africa as its favorable g... Read more

Saudi Arabia Explores Industrial And Investment Opportunities With Oman 

RIYADH: Saudi Arabia’s industry and mining sectors are set to benefit from bilateral ties with Oman as their ministe... Read more

Closing Bell: TASI Rises 99.6 Points As Trading Volume Touches $1.64bn 

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 99.6 points, or 0.88 percent, to finish at 11,392.78 on Thursday... Read more

Aviation Hubs In UAE, Saudi Arabia To Drive passenger Traffic recovery In Mideast

CAIRO: Key aviation hubs in the UAE and Saudi Arabia are forecast to drive a full recovery of passenger traffic in the M... Read more

Oil Rises But On Track For Third Week Of Losses Due To Demand Worries

HOUSTON: Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets wit... Read more

Japans Automakers Have A Made-in-China Sales Crisis

TOKYO : Japan’s automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs)... Read more