Banking


Money Supply In Saudi Arabia Rises 4.72% In Q1 Of 2023

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s money supply increased 4.72 percent during the first quarter of 2023, according to figures rele... Read more

Saudi Aviation Cements Pandemic Recovery With 82% Passenger Surge In 2022: GASTAT

Islamic Finance - Published date: .

RIYADH Air travel in Saudi Arabia is soaring thanks to an 82 percent surge in passengers to 88 million in 2022 compared ... Read more

OneWeb NEOM JV Becomes Member Of Digital Cooperation Organization  

Islamic Finance - Published date: .

RIYADH: NEOM’s satellite company has joined a global multilateral body as it looks to play a part in acceleratin... Read more

Closing Bell: TASI Continues Downward Trend 

Islamic Finance - Published date: .

RIYADH: After performing strongly for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index edged down for... Read more

Qatar Central Banks Auction Receives Bids Worth $2.7bn 

Islamic Finance - Published date: .

RIYADH: Treasury bills and sukuk that were issued by the Qatar Central Bank on Thursday attracted 9.7 billion qatari riy... Read more

Saudi Tourism Development Fund To Implement 23 Projects Valued At $4.26bn 

Islamic Finance - Published date: .

RIYADH: Tourism prospects in Saudi Arabia are getting brighter as the government continues to invest in the sector, wi... Read more

Saudi Privatization Drive picks Up Space as 140 Projects offered for Investment  

Islamic Finance - Published date: .

RIYADH: Up to 140 projects in Saudi Arabia, including four airports and 4,500 km of road developments, are open fo... Read more

Saudi Industry Ministry Issues 18 Mining Licenses In February

Islamic Finance - Published date: .

  RIYADH: Mining licences in Saudi Arabia continue to be handed out as the sector pushes ahead with growth, with 18 n... Read more

UAE Wrap: Pre-arrivals Total 33% Of Abu Dhabi Custom Clearance Transactions In Q1 2023 

Islamic Finance - Published date: .

RIYADH: Pre-arrival clearance accounted for 33 percent of all customs transactions in Abu Dhabi for the first quarter of... Read more

Oil Updates – Prices Down Marginally Amid Uncertainty Over Imminent US Economic Data

Islamic Finance - Published date: .

Fri, 2023-03-31 09:18 BEIJING: Oil prices were very slightly down in Asian morning trade on Friday as bullish sentim... Read more

FII Priority: Agricultural Production Needs To Increase By 60 Percent To Feed Projected 2050 Population  

Islamic Finance - Published date: .

Fri, 2023-03-31 05:47 MIAMI: “What we have right now is the confluence of the currency crisis, a debt crisis and a... Read more

From Vertical Farms To Plant-based Meats, FII Priority Panel Discusses Future Of Food

Islamic Finance - Published date: .

Fri, 2023-03-31 05:36 MIAMI: Last month, AeroFarms opened a 65,000 sq ft facility in Abu Dhabi, UAE, and signed a jo... Read more

Public Sector Should Lead In Financing Energy Transition, HSBC MENA Chairman Tells FII

Islamic Finance - Published date: .

Fri, 2023-03-31 04:43 MIAMI: The public sector should lead the way in supporting the financial costs of the energy t... Read more

Former Credit Suisse CEO Quite Comfortable With State Of Global Banking Industry

Islamic Finance - Published date: .

Fri, 2023-03-31 01:04 MIAMI: Credit Suisse’s former CEO Tidjane Thiam, now executive chairman of the Freedom Acqui... Read more

Global Job-creation Challenges Remain But There Is Reason To Be Optimistic, Experts Tell FII Priority

Islamic Finance - Published date: .

Fri, 2023-03-31 00:29 MIAMI: There is reason to be optimistic about global job-creation efforts in the years ahead, ... Read more

US-China Divide May Be Defining Issue Of Our Time, CEO Says

Islamic Finance - Published date: .

Thu, 2023-03-30 23:31 MIAMI: Tensions between the US and China may be the “defining issue of our time” for busi... Read more

FII Priority: Global South Wants A More Balanced World Order, Says Prof. Mohan Munasinghe

Islamic Finance - Published date: .

Thu, 2023-03-30 22:08 MIAMI: Countries in the Global South are increasingly asserting themselves and showing more in... Read more

Give Youth Tools To Overcome Cost-of-living Crisis, Saudi Envoy To US Tells FII Priority Conference

Islamic Finance - Published date: .

Thu, 2023-03-30 20:40 MIAMI: Equipping the youth of the world with financial literacy and opportunities is vital if ... Read more

Saudi Arabia, Miami Offering Development Blueprint For Rest Of The World: FII Priority Panel

Islamic Finance - Published date: .

Thu, 2023-03-30 18:07 MIAMI: Economic and social reforms being carried out on a national level in Saudi Arabia and o... Read more

Fed Comments, US Crude Stock Build Hit Oil Market

Islamic Finance - Published date: .

Thu, 2023-03-23 22:32 LONDON: Oil prices dipped on Thursday, having hit their lowest since late 2021 earlier this we... Read more