Al-Kharj
Saudi Private Sector Reflects Steady Expansion In Q3
Islamic Finance - Published date: .
RIYADH: Corporate stability helped Saudi Arabia’s private sector maintain its continued expansion in the third quarter... Read more
Deal Worth $27m To Give New Impetus To Saudi-Australian Business Ties
Islamic Finance - Published date: .
RIYADH: Business ties between Saudi Arabia and Australia are set to gain momentum following the signing of a significant... Read more
Jeddah Airport Tops Kingdoms October Performance Rankings: GACA
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s King Abdulaziz International Airport outperformed other terminals in the Kingdom for overall pe... Read more
Saudi Arabia At Forefront Of Sustainability Initiatives In GCC: Report
Islamic Finance - Published date: .
RIYADH: Saudi Arabia, the UAE and Qatar are at the forefront of leading sustainability initiatives in the Gulf Cooperati... Read more
Petromin Corp. Launches First EV Maintenance Center In The Kingdom
Islamic Finance - Published date: .
RIYADH: Saudi automotive services firm Petromin Corp. has introduced a hybrid and electric vehicle maintenance network a... Read more
UAEs Tawazun Council Inks $1.41bn In Deals On Day 3 Of Dubai Airshow
Islamic Finance - Published date: .
RIYADH: The UAE’s defense and security acquisitions authority inked eight new deals valued at 5.18 billion dirhams ($1... Read more
Saudi Arabias Crude Production Rose To 8.98m Bpd In September: JODI Data
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s crude production increased to 8.98 million barrels per day in September, a rise of 57,000 bpd o... Read more
Duqm Refinery One Of 6 Projects Totaling $10.3bn completed By Oman Investment Authority
Islamic Finance - Published date: .
RIYADH: An oil refinery is one of six major national projects completed by Oman’s Investment Authority, with a value ... Read more
MENA To Pioneer Sustainable Construction With $2tn Investment, Generate 4.3m Jobs
Islamic Finance - Published date: .
RIYADH: The Middle East and North Africa region is poised to lead in sustainable constructions, with a planned $2 trilli... Read more
Egypt Sells Stake In Tobacco Firm Eastern Co. To UAE Company
Islamic Finance - Published date: .
CAIRO: Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset si... Read more
Qatar Wealth Fund Eyes Investment Opportunities In Chinas Retail, Tech Sectors
Islamic Finance - Published date: .
RIYADH: Qatar’s sovereign wealth fund is examining opportunities to invest in China’s retail, healthcare, tech and l... Read more
Saudi Arabia To Sign $533m Deals With Africa As PIF Plans Game-changing Announcements
Islamic Finance - Published date: .
Saudi Arabia is set to sign SR2 billion ($533 million) worth of agreements with African countries, the Kingdom’s finan... Read more
Saudi Arabias IPI Climbs 0.8% In September Driven By Mining And Quarrying
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Industrial Production Index rose by 0.8 percent in September compared to August, primarily driv... Read more
Dubais Non-oil Sector Rises In October As PMI Hits 57.4 On Good Business Form
Islamic Finance - Published date: .
RIYADH: Dubai witnessed a strong rise in its non-oil activities during October, as its Purchasing Managers’ Index rose... Read more
Oil Updates – Crude Edges Up; Markets Shrug Off China Inflation Data, Eye Fresh Drivers
Islamic Finance - Published date: .
SINGAPORE: Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for furt... Read more
Saudi Arabias PIF Raises Stakes In Aston Martin To 20.5%
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s sovereign wealth fund has raised its stake in luxury carmaker Aston Martin to 20.5 percent fro... Read more
Abu Dhabi Islamic Bank Raises $500m From Green Sukuk Issuance
Islamic Finance - Published date: .
RIYADH: Abu Dhabi Islamic Bank has raised $500 million through a green sukuk offering, making it the world’s first suc... Read more
IsDB Enters European Market With Over $588m Public Sukuk Issuance
Islamic Finance - Published date: .
RIYADH: Jeddah-based Islamic Development Bank has made a return to the European market, with the issuance of sukuk worth... Read more
Saudi Central Bank Sets New Rules For APR Calculation
Islamic Finance - Published date: .
RIYADH: The Saudi Central Bank, also known as SAMA, on Wednesday issued new rules to calculate the annual percentage rat... Read more
Saudi Arabia Sees 45% Surge In railway use, exceeding 2m Passengers
Islamic Finance - Published date: .
RIYADH: Saudi Arabia Railways saw a record number of passengers in the third quarter of 2023 as its expansion efforts bo... Read more