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Saudi Arabia Makes Significant Moves In Semiconductor Sector With Strategic Investments

Islamic Finance - Published date: .

RIYADH: Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initi... Read more

Startup Wrap – Saudi And Egyptian Startups Lead Funding Activity

Islamic Finance - Published date: .

CAIRO: Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian star... Read more

Saudi Arabias Non-oil Exports Surge As Trade Ties With China Flourish

Islamic Finance - Published date: .

RIYADH: Saudi Arabia exported non-oil goods worth SR2.23 billion ($594 million) in May, representing a rise of 19.25 per... Read more

Saudi Arabias Startup Appeal Spans Across Diverse Sectors

Islamic Finance - Published date: .

Saudi Arabia’s business landscape has become a magnet for regional and global startups, with numerous growing companie... Read more

Closing Bell: Saudi Benchmark Index Drops To 11,667 

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 62.59 points, or 0.53 percent, to close at 1... Read more

Qiddiya Giga-project Set To Propel Saudi Arabias Entertainment Sector

Islamic Finance - Published date: .

RIYADH: The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expan... Read more

Omans Foreign Reserves Increased By 9% In May

Islamic Finance - Published date: .

RIYADH: By the end of May, Oman’s economic landscape displayed promising signs of growth and stability as its foreign ... Read more

ACWA Powers Net Profit Surges 35 Percent To $274m In H1

Islamic Finance - Published date: .

RIYADH: Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reach... Read more

Saudi Municipalities Offer 57 Investment Opportunities Across Commercial And Residential Sectors

Islamic Finance - Published date: .

RIYADH: Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across ente... Read more

Startup Wrap: AI Investments Flourish Across The Region

Islamic Finance - Published date: .

CAIRO: Increased awareness about the implications of artificial intelligence across the public and private sector is evi... Read more

Saudi Aramcos Expansion Strategy Providing Fuel For Vision 2030

Islamic Finance - Published date: .

RIYADH: Saudi oil giant Aramco’s robust integrated expansion strategy is helping to drive forward the Kingdom’s Visi... Read more

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

Islamic Finance - Published date: .

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 

Islamic Finance - Published date: .

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

Islamic Finance - Published date: .

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

Islamic Finance - Published date: .

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 

Islamic Finance - Published date: .

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

Islamic Finance - Published date: .

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

Islamic Finance - Published date: .

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

Islamic Finance - Published date: .

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